Recent Price Movement and Market Context
On 09 December, Cera Sanitaryware’s share price closed at ₹5,270.55, down by ₹62.9 or 1.18% from the previous session. This decline continues a four-day losing streak, during which the stock has fallen by 3.93%. The stock is trading close to its 52-week low, just 3.96% above the lowest price of ₹5,062 recorded within the past year. Notably, the stock has underperformed its sector by 1.78% on the day, signalling relative weakness amid broader market activity.
Further technical indicators reinforce this bearish trend, with the stock trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Such positioning typically suggests a lack of upward momentum and investor caution.
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