Recent Price Movement and Market Context
Wonderla Holiday’s stock has been under pressure, falling nearly 6.76% over the last two trading sessions. The share price touched an intraday low of ₹533.5, representing a 6.11% drop on the day. This decline places the stock just 4.13% above its 52-week low of ₹518.4, signalling sustained weakness. The weighted average price indicates that a significant volume of shares traded closer to the day’s low, suggesting selling pressure dominated investor activity. Furthermore, the stock is trading below all key moving averages – including the 5-day, 20-day, 50-day, 100-day, and 200-day averages – a technical indicator often interpreted as bearish momentum.
Sector-wise, the amusement parks and recreation segment has also experienced a ...
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