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Range Low Price High Price Comment
30 days ₹47.55 ₹56.75 Thursday, 16th May 2024 DAMODARIND.NS stock ended at ₹49.90. This is 0.300% less than the trading day before Wednesday, 15th May 2024. During the day the stock fluctuated 3.12% from a day low at ₹49.70 to a day high of ₹51.25.
90 days ₹41.10 ₹59.80
52 weeks ₹39.50 ₹68.60

Historical Damodar Industries Ltd prices

Date Open High Low Close Volume
Oct 17, 2019 ₹27.05 ₹28.00 ₹27.05 ₹28.00 501
Oct 16, 2019 ₹28.10 ₹28.10 ₹27.45 ₹27.95 2 365
Oct 15, 2019 ₹26.10 ₹28.05 ₹25.55 ₹28.00 940
Oct 14, 2019 ₹27.80 ₹27.80 ₹27.80 ₹27.80 10
Oct 11, 2019 ₹28.50 ₹28.90 ₹28.00 ₹28.00 1 038
Oct 10, 2019 ₹28.80 ₹29.25 ₹26.75 ₹28.00 1 306
Oct 09, 2019 ₹28.85 ₹28.85 ₹25.75 ₹28.15 1 493
Oct 07, 2019 ₹28.00 ₹28.95 ₹27.00 ₹28.40 1 663
Oct 04, 2019 ₹28.90 ₹31.85 ₹27.05 ₹27.55 453
Oct 03, 2019 ₹30.90 ₹32.65 ₹27.10 ₹27.65 2 042
Oct 01, 2019 ₹31.00 ₹31.00 ₹29.10 ₹29.35 1 509
Sep 30, 2019 ₹31.00 ₹31.70 ₹29.80 ₹31.70 127
Sep 27, 2019 ₹31.05 ₹33.00 ₹30.25 ₹30.30 1 606
Sep 26, 2019 ₹31.00 ₹33.75 ₹29.50 ₹31.35 1 582
Sep 25, 2019 ₹32.15 ₹33.70 ₹30.35 ₹31.75 131 178
Sep 24, 2019 ₹31.90 ₹33.90 ₹31.05 ₹32.15 1 462
Sep 23, 2019 ₹31.10 ₹32.00 ₹30.25 ₹31.60 226
Sep 20, 2019 ₹31.00 ₹34.50 ₹30.00 ₹32.15 7 420
Sep 19, 2019 ₹33.65 ₹33.65 ₹30.10 ₹30.30 1 141
Sep 18, 2019 ₹32.00 ₹32.00 ₹31.00 ₹31.05 1 691
Sep 17, 2019 ₹32.50 ₹33.25 ₹30.00 ₹31.30 5 291
Sep 16, 2019 ₹31.65 ₹34.55 ₹30.70 ₹33.45 3 997
Sep 13, 2019 ₹32.40 ₹33.95 ₹30.65 ₹32.95 4 725
Sep 12, 2019 ₹30.40 ₹32.90 ₹30.10 ₹31.55 1 742
Sep 09, 2019 ₹31.35 ₹32.70 ₹31.10 ₹31.50 4 458

FAQ

What are historical stock prices?
Historical stock prices refer to a stock’s recorded prices at various past points. These prices include several key figures that help investors and analysts evaluate a stock’s performance over time:
Open: Open price for the trading day.
High: Highest price for the trading day.
Low: Lowest price for the trading day.
Close: Close price for the trading day.

Additionally, historical prices often include:
Volume is the number of shares traded during the day. It indicates how actively a stock was traded and can provide insights into market sentiment and liquidity.

How can I use DAMODARIND.NS stock historical prices to predict future price movements?
Trend Analysis: Examine the DAMODARIND.NS stock’s historical trends to identify patterns that might continue.
Moving Averages: Use moving averages to detect potential reversal points.
Momentum Indicators: Apply indicators like RSI or MACD to assess the momentum and strength of price movements.
Volume Analysis: Analyze trading volume alongside price changes to gauge trend strength.
Statistical Methods: Use statistical tools such as regression analysis to model and forecast future prices based on past data.
These techniques can provide insights but should be used with risk management practices to mitigate potential losses.

What impact do stock splits have on historical price data?
When a company performs a stock split, it adjusts the historical price data to reflect the new, lower trading price as if it had always been that way.

This ensures consistency for anyone analyzing the stock’s past prices. The adjustment helps prevent misleading signals on charts, such as false sell signals or bearish trends that aren’t there. For instance, in a 2-for-1 stock split, the price per share is cut in half, which would otherwise appear as a dramatic drop on the chart. If someone didn’t know about the split, they might wrongly think something negative happened to the company. Most technical indicators would also react to this apparent drop by signaling to sell.

A stock split, while making the shares seem more affordable and potentially more attractive to investors, doesn’t alter the company’s fundamental value.

Why do the DAMODARIND.NS stock historical prices show a range for periods like 30 days, 90 days, and 52 weeks?
The range provides the lowest and highest prices at which the stock has traded during the specified period. This helps investors understand the stock’s volatility and price variability within that timeframe.

How can I use historical price volatility to assess risk?
High price volatility historically indicates higher risk and potentially higher returns. Investors can gauge the stock’s risk level by examining the range between high and low prices over various periods.
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About Damodar Industries Ltd

Damodar Industries Limited manufactures, processes, and trades in cotton and fancy yarns in India. It exports its products to approximately 40 countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, Italy, Egypt, and the Gulf countries. The company was formerly known as Damodar Threads Limited and changed its name to Damodar Industries Limited in January 2013. Damodar Industries Limited was incorporated in 1987... DAMODARIND.NS Profile

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