Recent Price Movements and Volatility
The stock hit a new 52-week low of ₹1,719.05 on the day, underscoring the bearish sentiment prevailing among investors. Despite opening with a gap up of 5.34% and touching an intraday high of ₹1,929.05, the share price ultimately succumbed to selling pressure, falling sharply to its low. The stock traded within a wide intraday range of ₹210, reflecting heightened volatility with an intraday volatility of 8.88%. Notably, the weighted average price indicates that a larger volume of shares exchanged hands closer to the day’s low, signalling stronger selling interest as the session progressed.
Adding to the negative momentum, The Anup Engineering Ltd has been on a consecutive two-day decline, losing 7.74% over this period. The stock’s ...
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