Market Outperformance and Price Momentum
DCM Shriram’s stock has demonstrated robust momentum in recent trading sessions. On the day in question, the stock opened with a gap up of 3.47%, signalling strong buying interest from the outset. It further extended gains intraday, touching a high of ₹1,324.9, representing a near 9.78% increase from the previous close. This performance notably outpaced its sector by 3.74%, highlighting the stock’s relative strength amid broader market fluctuations.
The stock’s trading levels remain comfortably above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained bullish trend. Despite this, investor participation has shown some moderation, with delivery volumes on 10 Dec falling b...
Read More











