Recent Price Movement and Market Performance
Shree Renuka Sugars is trading close to its 52-week low, just 2.42% above the lowest price of ₹25 recorded during this period. The stock has underperformed its sector by 3.55% today and touched an intraday low of ₹25.28, marking a 6.16% drop from previous levels. The weighted average price indicates that a larger volume of shares exchanged hands near the day’s low, signalling selling pressure. Furthermore, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, underscoring a bearish technical trend.
Investor participation has increased, with delivery volumes rising by 43.44% on 18 Dec compared to the five-day average, suggesting heightened activity but predomin...
Read More









