Recent Price Movement and Market Context
On 02-Dec, Navkar Urbanstructure Ltd recorded a gain of ₹0.02, marking a 1.27% increase in its share price. This uptick comes after two consecutive days of decline, signalling a potential short-term trend reversal. Despite this positive daily performance, the stock remains below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating that the broader momentum is still subdued. The stock outperformed its sector by 1.77% on the day, suggesting relative strength within its peer group.
However, investor participation appears to be diminishing. Delivery volume on 01-Dec was 9.87 lakh shares, a sharp drop of 49.12% compared to the five-day average delivery volume. This decline in trading...
Read More













