Recent Price Movements and Volatility
Despite opening the day with an optimistic gap up of 8.89%, the stock failed to sustain its gains and ultimately slid to its intraday low of Rs 9.63. The wide intraday trading range of Rs 2.01 underscores the significant volatility experienced by investors. The weighted average price indicates that a larger volume of shares exchanged hands closer to the lower end of the day’s price spectrum, signalling selling pressure towards the session’s close.
Such volatility is further emphasised by the intraday volatility figure of 9.4%, which is notably high and suggests that market participants are uncertain about the stock’s near-term direction. This uncertainty has contributed to the stock underperforming its sector by 8.84% on the day.Read More













