Shares of Wonder Electricals jumped over 4% in early morning trade on Thursday, April 2 (IST), showing signs of recovery after hovering near their 52-week lows.
As of 9:19 AM, the stock touched an intraday high of ₹84.90, up sharply from the day’s opening price of ₹77.72. The stock had opened flat at its day’s low, but quickly gained momentum amid strong buying interest.
The surge comes even as the stock remains significantly below its 52-week high of ₹190.50, indicating a steep correction over the past year. However, today’s move suggests traders may be stepping in at lower levels.
Market activity was notably strong, with live volumes crossing 55.5 lakh shares within minutes of opening, pointing to heightened investor participation.
At the time of reporting:
- Current range: ₹77.72 – ₹84.90
- Previous close: ₹80.77
- 52-week range: ₹76.76 – ₹190.50
The stock is currently trading just above its 52-week low of ₹76.76, making today’s rally particularly significant from a technical perspective.