Recent Price Movement and Market Context
Edvenswa Enterprises recorded a gain of ₹0.96 on 18 December, marking a 2.97% rise in its share price. This uptick follows two consecutive days of decline, signalling a potential short-term trend reversal. The stock outperformed its sector by 3.68% on the day, indicating relative strength compared to peers. However, the trading volume tells a more nuanced story; delivery volume on 17 December plummeted by 90.5% compared to the five-day average, suggesting waning investor participation despite the price rise. The stock’s price currently sits above its five-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a mixed technical outlook.
Performance Against BenchmarksRead More














