Recent Price Movement and Market Context
On 11 December, Megastar Foods witnessed a notable decline in its share price, dropping ₹7.55 or 3.06% by 9:02 PM. This decline is part of a broader short-term underperformance, with the stock falling 5.49% over the past week and 11.64% in the last month. These figures stand in stark contrast to the benchmark Sensex, which gained 0.52% and 1.13% over the same periods respectively. Over longer horizons, the stock’s returns have been mixed; it has delivered a remarkable 673.83% gain over five years, vastly outperforming the Sensex’s 83.99% rise, yet it has lagged the benchmark over the past year with a slight negative return of 0.95% compared to the Sensex’s 4.04% gain.
Technical and Trading Indicators Signal WeaknessRead More










