Recent Price Movements and Market Performance
Page Industries has been on a downward trajectory, hitting a new 52-week low of Rs 37,300 on the day. The stock has underperformed its sector by 2.23% today and has recorded a consecutive three-day decline, resulting in a cumulative loss of 4.14% over this short period. Intraday trading saw the stock touch a low of Rs 37,300, marking a 2.75% drop from previous levels. Furthermore, the share price is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum.
Investor participation has also waned, with delivery volumes on 28 November falling sharply by 58.18% compared to the five-day average. Despite this, liquidity remains adequate, suppor...
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