Recent Price Movement and Market Context
Flora Corporation’s share price closed at ₹7.93, down ₹0.37 or 4.46% on 16 December. This decline continues a recent downtrend, with the stock losing 6.15% over the past week and 21.49% in the last month. These losses stand in stark contrast to the broader Sensex, which has remained relatively flat over the same periods, gaining 0.02% in one week and 0.14% in one month. Year-to-date, the stock has declined by 13.62%, while the Sensex has advanced by 8.37%, underscoring the stock’s persistent underperformance.
Flora Corporation’s struggles are further highlighted by its consecutive two-day fall, during which it has lost 7.68%. The stock is trading below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signa...
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