Recent Price Movement and Market Context
Relic Technologies Ltd’s share price fell by ₹3.00 on 23-Jan, marking a 4.0% decrease from the previous close. The stock’s intraday trading showed significant volatility, with a high of ₹78.50, representing a 4.67% gain from the prior day’s close, and a low of ₹71.25, a 5.0% drop. This wide trading range of ₹7.25 indicates heightened uncertainty among investors during the session. Despite the intraday rally, the weighted average price leaned closer to the day’s low, suggesting that more volume was traded at lower price levels, which typically signals selling pressure.
When compared to the broader market, Relic Technologies underperformed its sector by 2.31% on the day. The Sensex, India’s benchmark index, also experienced a mild...
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