Recent Price Movements and Volatility
Salora International’s stock opened the trading session with a significant gap down of 6.56%, hitting a new 52-week low of ₹30.50. This initial weakness reflected ongoing investor caution, as the stock has been under pressure for much of the year. However, the share price rebounded strongly during the day, touching an intraday high of ₹34.58, representing a 5.94% gain from the previous close. The stock traded within a wide range of ₹4.08, highlighting heightened volatility with an intraday volatility measure of 6.27%. This volatility indicates active trading interest despite the stock’s recent downtrend.
Performance Against Benchmarks
Over the short term, Salora International has underperformed the broader m...
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