What causes the stock price to go really high even if the number of daily traded stocks are very low?
What causes the stock price to go really high even if the number of daily traded stocks are very low?
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Debu Shinobi · External communityPost link
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/
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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
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Debu Shinobi Source score (net votes, not local likes): 1 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
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