Recent Price Movements and Market Sentiment
The stock has been on a downward trajectory, losing 11.79% over the past week and nearly 15% in the last month, substantially underperforming the Sensex, which declined by only 1.69% and 1.92% respectively over the same periods. Year-to-date, the stock has fallen 13.76%, compared to the Sensex's modest 1.87% decline. This persistent weakness culminated in the stock hitting a new 52-week low of ₹416.65 on 13-Jan, signalling heightened investor concern.
Intraday volatility was pronounced, with the share price swinging between a high of ₹478.85 and a low of ₹416.65, a range of ₹62.20. Despite this volatility, the weighted average price skewed towards the lower end of the range, indicating selling pressure. The stock has also bee...
Read full news article













