Salzer Electronics saw a strong surge in early trade today, with the stock jumping more than 10% and touching an intraday high of ₹794.95. The rally comes on the back of heightened investor interest, pushing the share well above its opening level of ₹716.25.
The stock began the session almost flat compared to its previous close of ₹712.65, but quickly picked up pace as buying volumes climbed. By 9:34 AM, total traded volume had already crossed 3.85 lakh shares, indicating strong participation from both retail and institutional investors.
What makes today’s move more interesting is that the stock bounced sharply from its day’s low of ₹716.25 and is trading significantly higher despite being much below its 52-week high of ₹1,649.95. The current uptrend also keeps it well above its 52-week low of ₹683.05, showing a degree of support at lower levels.
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