Price Movement and Market Context
MRP Agro Ltd witnessed a notable drop in its share price on 03-Feb, falling ₹1.15 or 1.2% from the previous close. The stock opened with a significant gap down of 7.24%, touching an intraday low of ₹89, which marked the lowest price level for the day. Despite this early weakness, the stock managed to recover somewhat but still closed below key longer-term moving averages, including the 50-day, 100-day, and 200-day averages. It remained above the shorter-term 5-day and 20-day moving averages, indicating some near-term support but overall bearish momentum.
In contrast, the broader sector gained 2.64% on the same day, highlighting MRP Agro's relative underperformance. The stock lagged behind its sector by 3.83%, signalling a divergence fr...
Read full news article












