Short-Term Gains Outpace Benchmark
Gala Precision Engineering’s shares have recorded a notable uptick in recent trading sessions. Over the past week, the stock has gained 3.98%, comfortably outperforming the Sensex, which declined by 0.40% during the same period. Similarly, the one-month return of 4.56% contrasts with the benchmark’s marginal fall of 0.30%. This short-term momentum is further underscored by the stock’s three consecutive days of gains, accumulating a 5.72% return in that span. On 19-Dec, the stock even touched an intraday high of ₹809, marking a 7.49% increase from previous levels.
Despite this recent strength, it is important to note that the weighted average price indicates more volume traded near the lower price points of the day, suggesting some cau...
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