Short-Term Gains Outpace Benchmark
Standard Batteries Ltd's recent price movement stands out when compared to the broader market. Over the past week, the stock has appreciated by 5.16%, significantly outperforming the Sensex, which declined by 0.40% during the same period. This short-term rally is further underscored by the stock's 7.5% return over the last three days, indicating growing investor interest and a potential shift in sentiment.
On 18-Dec, the stock reached an intraday high of ₹51.50, marking a 5.32% increase from its low of ₹47.02 earlier in the day. Such volatility within the trading session suggests active trading and a battle between bullish and bearish forces, with bulls ultimately gaining the upper hand by the close.






