Intraday Price Movement and Volatility
The stock opened with a significant gap up of 3.9%, signalling positive sentiment at the start of trading. It reached an intraday high of ₹128, representing a 3.9% increase from the previous close, before dipping to a low of ₹117.20, down 4.87% intraday. This wide price range contributed to a high intraday volatility of 5.92%, indicating active trading and fluctuating investor sentiment throughout the day.
Despite the volatility, the weighted average price suggests that a larger volume of shares traded closer to the lower end of the day’s price range. This could imply some profit-taking or cautious positioning by traders after the initial surge. However, the overall upward movement and gap opening reflect a positive shift in marke...
Read More













