Persistent Downward Momentum
The stock has been on a consistent downward trajectory, registering a 10.01% loss over the past week alone, starkly contrasting with the Sensex’s marginal decline of 0.10% during the same period. This underperformance extends to the monthly and yearly timeframes, where Sri Ramakrishna Mills has declined by 9.42% and 36.60% respectively, while the Sensex has posted gains of 0.45% and 5.59% over these intervals. Such divergence highlights the stock’s relative weakness amid a generally stable or rising market environment.
Technical Indicators Signal Weakness
On the day in question, the stock opened sharply lower, down 9.44%, and touched an intraday low of ₹41.5, representing a 10.52% decline from the previous close. The...
Read More










