Recent Price Movement and Volatility
Precision Electronics opened the trading day with a notable gap up, surging by 9.46% to reach an intraday high of ₹193.90. However, this initial optimism was short-lived as the stock experienced significant volatility throughout the session. The share price fluctuated within a wide range of ₹25.90, touching a low of ₹168, which represents a 5.17% drop from the previous close. Despite the early gains, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, signalling selling pressure towards the end of the day.
The stock’s intraday volatility was measured at 7.16%, underscoring the heightened uncertainty among investors. This volatility, combined with the wide trading range, suggests that m...
Read More










