What causes the stock price to go really high even if the number of daily traded stocks are very low?

External question — Personal Finance Stack Exchange Author: Debu Shinobi Original post: https://money.stackexchange.com/questions/125295 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I was checking out a stock named Ruchi Soya, that went from 18-25 to 480 in maybe 2 months. But the daily traded stocks are very less in number. There were days the stock price hit the upper circuit of a whooping 10%. Anybody wanna shed some light on, how these things take place. Here are the links for any further details: NSE and MoneyControl