Recent Price Movements and Market Performance
Cineline India’s shares have experienced a notable decline over recent sessions, with the stock falling for four consecutive days and losing 8.64% in that period. Although the stock opened with a gap up of 3.59% on 19-Dec and touched an intraday high of ₹89.43, selling pressure pushed the price down by the close. The weighted average price indicates that more volume was traded near the lower end of the day’s range, signalling bearish investor sentiment. Furthermore, the stock is trading below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—highlighting a sustained downtrend.
In comparison to the broader market, Cineline India has underperformed significantly. Over the past week, the stock declined by 0.1...
Read full news article










