Recent Price Movement and Market Performance
Relicab Cable's share price has been under pressure over the past few days, with the stock recording losses for three consecutive sessions. During this period, the stock has declined by approximately 9.78%, signalling sustained selling interest. On the day in question, the stock touched an intraday low of ₹49.76, representing a 4.98% drop from previous levels. The weighted average price for the day was skewed towards the lower end of the trading range, indicating that a significant volume of shares exchanged hands closer to the day's lows. This pattern suggests that sellers dominated trading activity, exerting downward pressure on the stock.
Comparison with Benchmarks and Sector
When compared to broad...
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