Recent Price Movement and Sector Context
On 09 December, Sirca Paints closed at ₹469.65, registering a marginal increase of 0.03% or ₹0.15. This slight uptick contrasts with the broader paints sector, which declined by 3.15% on the same day. Notably, Sirca Paints outperformed its sector peers despite the overall downward pressure. However, the stock remains below its short-term moving averages, including the 5-day, 20-day, 50-day, and 100-day averages, though it is trading above its 200-day moving average. This technical positioning suggests some near-term resistance but a solid longer-term base.
Investor participation has notably increased, with delivery volumes on 08 December rising by 116.11% compared to the five-day average, reaching 2.87 lakh shares. This surge in...
Read More










