Recent Price Movement and Market Context
On 14 January, Shivalik Rasayan’s shares closed near their 52-week low, just 0.61% above the lowest price of ₹328 recorded within the past year. The stock underperformed its sector by 2.39% on the day, hitting an intraday low of ₹328.20, down 2.6%. Notably, 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 downward momentum.
Investor participation has also waned, with delivery volumes on 13 January falling by 18.3% compared to the five-day average, indicating reduced buying interest. Despite this, liquidity remains adequate for modest trade sizes, with average traded value supporting transactions up to ₹0.03 crore.














