Recent Price Movement and Market Context
Megasoft’s share price has been under pressure for the past four trading sessions, cumulatively losing 7.25% in that period. On 18-Dec, the stock opened with a gap down of 2.96%, signalling immediate bearish sentiment among investors. During the day, it touched an intraday low of ₹170, representing a 4.97% decline from the previous close. This underperformance was also evident relative to its sector, with the stock lagging by 5.67% compared to sector peers on the same day.
When compared to the broader market benchmark, the Sensex, Megasoft’s recent returns have been significantly weaker. Over the past week, the stock declined by 6.67%, while the Sensex remained nearly flat with a marginal 0.40% loss. The one-month performance fu...
Read More





