The stock is up by 88 per cent from its 52-week low of Rs 167 per share.

Volatility is an indicator of risk. In general, the higher the volatility, the riskier the portfolio or the stock is. The volatility of a security or portfolio relative to its benchmark is called beta.   

In context to market expectations from Friday’s RBI MPC meet, Sumit Chanda, Founder & CEO of JARVIS Invest says, “While there have been some indications of the inflation moderating, with the Brent being still above the $100 mark and a falling rupee, we can expect RBI to hike the repo rate by about 50 bps.

Indices closed in the red ahead of RBI policy meet. Nifty plunged 0.92 per cent and slipped below the 16,500-mark.

Nifty 50 falls in response to global cues, while this PSU stock rises roughly 4 per cent after demonstrating an ascending triangle breakout. Continue reading to learn more.