Intraday Price Movement and Volatility
Relicab Cable's stock opened with a gap up of 2.56%, signalling early buying interest. Throughout the day, the share price exhibited high volatility, trading within a wide range of ₹8 and reaching an intraday high of ₹50, marking an 18.74% increase from previous levels. This heightened volatility, quantified at 8.7% intraday based on the weighted average price, indicates active trading and fluctuating investor sentiment during the session.
Despite the strong price appreciation, the weighted average price suggests that a larger volume of shares exchanged hands closer to the lower end of the day's price range. This dynamic may imply cautious profit-taking or selective buying at lower price points amid the rally.
Compa...
Read More













