Recent Price Movement and Sector Context
Vikram Thermo's shares have been under pressure for the past two days, cumulatively losing 5.1% in value. The stock touched an intraday low of ₹156, marking a 5.6% decline from previous levels. Despite this, the stock marginally outperformed its sector, Chemicals, which declined by 2.39% on the same day. This relative outperformance suggests that while the sector is broadly weak, Vikram Thermo's fall is somewhat contained compared to its peers.
However, the overall negative trend in the Chemicals sector is a significant headwind. Sectoral downturns often weigh heavily on constituent stocks, especially those with technical vulnerabilities or reduced investor interest.
Technical Indicators and Trading ActivityRead More












