Recent Price Movements and Market Performance
Maruti Infrastructure’s stock has been under pressure for several days, recording a consecutive four-day fall that has resulted in a cumulative loss of 6.1%. The share price is now perilously close to its 52-week low, just 2.08% above the lowest level of ₹11.31. This proximity to the annual low signals sustained bearish momentum. Furthermore, the stock has underperformed its sector by 2.17% on the day, indicating relative weakness compared to its peers.
Technical indicators also paint a bleak picture. The stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Such positioning typically suggests a downtrend and limited near-term recovery prospects. Despite this, in...
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