Recent Price Movement and Intraday Volatility
On the trading day in question, Thrive Future Habitats experienced significant intraday volatility. The stock reached an intraday high of ₹147, marking a 4.37% increase from previous levels, before retreating sharply to its low of ₹133.85 by the close. This intraday reversal suggests profit-taking or selling pressure emerged after the initial gains. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, signalling stronger selling interest as the session progressed.
Underperformance Relative to Sector and Recent Trends
Despite the stock’s recent gains over the past week and month, it underperformed its sector on the day by 5.87%. The two-day consecutive fa...
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