Recent Price Movement and Market Context
The stock has underperformed both its sector and broader market indices in recent sessions. Over the past week, Exicom Tele-Systems has declined by 5.56%, significantly lagging behind the Sensex’s modest 1.18% fall. Year-to-date, the stock is down 6.68%, while the Sensex has only dipped by 1.22%. This underperformance is further emphasised by the stock’s four consecutive days of losses, during which it has shed over 8% of its value. Intraday trading on 08-Jan saw the stock touch a low of Rs 109.15, with heavier volumes concentrated near this lower price point, signalling selling pressure.
Technical indicators also paint a bearish picture. Exicom Tele-Systems is trading below all key moving averages, including the 5-day, 20-day, ...
Read full news article













