Recent Price Movement and Market Context
Tirupati Sarjan hit a new 52-week low of ₹8.73 on the day, signalling sustained selling pressure. The stock underperformed the construction and real estate sector, which itself declined by 2.98%, and lagged behind the Sensex benchmark, which was down by only 2.43% over the past week. Over the last month, the stock has fallen by 16.3%, significantly worse than the Sensex’s 4.66% decline. Year-to-date, the stock is down 7.88%, nearly double the benchmark’s 4.32% fall. This trend highlights the stock’s vulnerability amid broader market weakness.
Technical indicators also paint a bearish picture. Tirupati Sarjan is trading below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—indicating a persistent downtrend. Fu...
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