Short-Term Price Movement and Market Context
Dhampure Speciality Sugars Ltd's share price dropped by ₹3.05 on 12-Dec, marking a 3.11% decrease from the previous close. This decline is part of a two-day losing streak, during which the stock has fallen approximately 4.48%. The intraday low reached ₹93.10, representing a 5% dip from recent levels. Notably, the weighted average price indicates that a larger volume of shares traded closer to the day's low, suggesting selling pressure dominated the session.
When compared to its sector peers, the stock underperformed by 2.74% on the day, signalling that the decline was more pronounced than the broader sugar industry trend. This underperformance may reflect profit-taking or short-term investor caution after recent gains.
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