Persistent Downward Momentum Reflects Investor Sentiment
The stock has been on a downward trajectory for the past five consecutive trading sessions, cumulatively losing 9.9% in that span. This sustained decline signals growing investor caution or negative sentiment surrounding the company’s near-term prospects. The intraday low of ₹60, reached during the latest session, underscores the pressure on the stock as it breached previous support levels, setting a new 52-week low.
Adding to the bearish tone, the weighted average price for the day indicates that a greater volume of shares exchanged hands closer to the day’s low rather than the high, suggesting sellers dominated trading activity. This pattern often reflects a lack of buying interest at higher price points, reinf...
Read More












