I’m trying to understand why some stocks move 10%+ in a day with 10-20 times the usual volume. I was looking at some charts today but I can’t find any news on these stocks (I checked Zerodha Pulse, Twitter).
For example, today INDIANHUME moved 17% with 28x volume and no news. Interestingly, the volume came in the middle of the day. So why would this happen? Is this being traded on some inside information?