Recent Price Movements and Market Context
The stock hit a new 52-week low of ₹157.95 during intraday trading on 27-Jan, signalling sustained selling pressure. Over the last two days, the share price has consecutively fallen, accumulating a 4% loss in this short span. This decline is sharper than the sector’s performance, with the stock underperforming its peers by 3.84% on the day. The weighted average price indicates that a greater volume of shares exchanged hands closer to the day’s low, suggesting that sellers dominated trading activity.
Further technical indicators reinforce the bearish sentiment. Affordable Robotic & Automation Ltd is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This widespread weak...
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