Recent Price Movement and Market Performance
Pasupati Acrylon’s stock has been under pressure for the last five trading sessions, accumulating a loss of 15.31% over this period. This contrasts sharply with the Sensex, which declined by only 0.63% in the same timeframe, highlighting the stock’s underperformance relative to the benchmark index. The stock opened the day with a gap down of 2%, setting a negative tone that persisted throughout the session. Intraday, the share price touched a low of ₹51.96, marking a 5.73% decline from the previous close, and the weighted average price indicates that a larger volume of shares traded closer to this lower price point. This suggests that sellers dominated the market, pushing the price downwards.
Technical Indicators and...
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