Recent Price Movement and Market Context
Veejay Lakshmi Engineering Works Ltd witnessed a significant uptick in its share price on 24-Nov, rising ₹2.47 or 5.09% from the previous close. The stock opened with a gap up of 7.11%, reaching an intraday high of ₹51.97, signalling strong buying interest early in the trading session. This performance notably outpaced its sector peers by 6.22%, indicating a relative strength in the stock’s price action on the day.
However, this short-term gain contrasts with the stock’s longer-term returns, which have been disappointing. Over the past month, the stock has declined by 14.99%, while the Sensex has gained 0.82%. Year-to-date, Veejay Lakshmi Engineering Works Ltd’s shares have fallen sharply by 42.68%, in stark contrast to the Sens...
Read More






