Recent Price Movement and Market Context
Texmaco Rail’s shares have been under pressure for the past week, losing 9.27% compared to a modest 0.63% decline in the Sensex over the same period. The stock is trading close to its 52-week low of ₹115.1, just 2% above this level, signalling sustained bearish sentiment. Intraday activity on 08-Dec saw the stock touch a low of ₹117.05, representing a 4.53% drop from previous levels, with heavier volumes transacted near these lows. This suggests that sellers dominated trading sessions, pushing prices downward.
The stock’s performance has also lagged behind its sector, with the railway sector declining by 3.33% on the day, while Texmaco Rail underperformed by an additional 0.9%. Furthermore, the share price is trading below all k...
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