Recent Price Movement and Market Performance
The stock hit a new 52-week low of ₹38.05 during intraday trading on 05-Dec, marking a fresh nadir in its valuation. It opened the day with a gap down of 7.24%, signalling immediate bearish sentiment among investors. Over the last two trading sessions, Sri Ramakrishna Mills has recorded a consecutive fall, losing 5.61% in value, underscoring sustained selling pressure. The weighted average price for the day indicates that a larger volume of shares exchanged hands closer to the day’s low, suggesting that sellers dominated the session.
Comparatively, the stock has underperformed its sector by 4.73% on the day, highlighting relative weakness within its industry group. This underperformance is further accentuated when benchmarke...
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