Recent Price Movement and Market Performance
Mercury EV-Tech’s shares have been under pressure recently, hitting a new 52-week low of ₹34.47 on the same day. The stock has declined by 6.08% over the past week and 7.80% in the last month, significantly underperforming the Sensex, which fell by 2.55% and 1.29% respectively over the same periods. Year-to-date, the stock is down 6.05%, while the benchmark index has declined by only 1.93%. This recent weakness is compounded by a three-day consecutive fall, during which the stock lost 5.77% of its value.
Intraday trading on 09-Jan saw the stock open with a gap up of 2.87%, reaching an intraday high of ₹36.94. However, selling pressure intensified as the day progressed, with the stock closing near its low of ₹34.47. The weigh...
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