Recent Price Movements and Market Performance
Updater Services has been under significant selling pressure, with the stock hitting a new 52-week and all-time low of ₹173.05 during the trading session on 04-Dec. Despite opening the day with a positive gap of 2.24%, the stock failed to maintain momentum, retreating to close near its session lows. The weighted average price indicates that a larger volume of shares traded closer to the lower end of the day’s range, signalling bearish sentiment among investors. Furthermore, the stock has been trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, underscoring a persistent downtrend.
Over the past week, Updater Services has declined by 6.35%, significantly underperforming t...
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