Recent Price Movement and Volatility
Salora International’s stock has been under pressure for several sessions, registering a consecutive three-day decline that has culminated in a cumulative loss of 7.98%. On 16-Jan, the stock opened with a gap down of 2%, signalling immediate bearish sentiment among investors. Although the share managed to touch an intraday high of ₹38.39, representing a 6.64% rise from the previous close, it ultimately succumbed to selling pressure, falling to an intraday low of ₹33.65, down 6.53%. This wide trading range of ₹4.74 within a single session underscores the heightened volatility experienced by the stock, with an intraday volatility of 6.58% calculated from the weighted average price.
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