Short-Term Price Movement and Market Context
The stock underperformed its sector by 4.55% on the day, touching an intraday low of ₹9,772, which represents a 5.62% decline from previous levels. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting selling pressure dominated trading activity. Notably, the stock’s price remains above its 50-day, 100-day, and 200-day moving averages, but below the 5-day and 20-day averages, reflecting a recent pullback after a period of strong gains.
Investor participation has increased, with delivery volumes on 9 Dec rising by 30.57% compared to the five-day average, indicating heightened trading interest. Liquidity remains sufficient, with the stock able to support trades worth app...
Read More













