News and Views
Short-Term Price Movement and Market Dynamics
The stock has been under pressure over the past week, registering a decline of 5.52%, significantly underperforming the Sensex, which remained almost flat with a marginal 0.06% gain. Over the last month, Maharashtra Scooters’ shares have fallen by 12.11%, contrasting with the Sensex’s positive return of 0.82% during the same period. This recent weakness is further highlighted by the stock’s consecutive two-day fall, resulting in a cumulative loss of 4.2% in that timeframe.
On the day in question, the stock’s intraday price action showed volatility, with a high of ₹14,990.65, marking a 2.22% increase from the previous close, but it also touched a low of ₹14,292, down 2.55%. The weighted average price indicates that a larger ...
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