Recent Price Movements and Market Context
Embassy Developments hit a new 52-week low of ₹66.25 during intraday trading on 08-Dec, marking a 7.36% fall from previous levels. The stock has been on a consistent downward trajectory, losing value for nine consecutive trading sessions and declining by 14.44% over this period. This underperformance is more pronounced than the broader Construction - Real Estate sector, which itself fell by 3.56% on the same day. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, signalling selling pressure. Furthermore, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, underscoring a bearish technical outlook.














