Recent Price Movement and Volatility
RMC Switchgears demonstrated a strong rebound on 05-Dec, gaining ₹24.85 or 5.45% by 8:55 PM. The stock exhibited high volatility throughout the day, trading within a wide range of ₹54, from an intraday low of ₹446 to a high of ₹500, which marked a 9.61% surge from the previous close. This volatility indicates active trading interest and fluctuating investor sentiment during the session.
Despite the intraday high of ₹500, the weighted average price suggests that a larger volume of shares exchanged hands closer to the lower end of the price spectrum. This dynamic points to some profit-taking or cautious positioning by traders even as the stock rallied.
Short-Term Performance and Market Context
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