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3M India Ltd. Technical Momentum Shifts to Bullish Amid Strong Price Gains

3M India Ltd. Technical Momentum Shifts to Bullish Amid Strong Price Gains

Price Performance and Market Context

The stock closed at ₹35,920.05 on 2 Jan 2026, marking a robust gain of 2.39% from the previous close of ₹35,081.25. Intraday, it touched a high of ₹36,049.00 and a low of ₹34,770.05, demonstrating healthy volatility within a bullish range. The 52-week high stands at ₹36,958.00, indicating the stock is trading close to its peak levels, while the 52-week low is ₹25,714.35, underscoring a strong recovery over the past year.

Comparatively, 3M India has outperformed the Sensex across multiple time frames. Over the past week, the stock surged 4.13%, while the Sensex declined by 0.26%. Similarly, the one-month return for 3M India was 3.44% against a 0.53% drop in the benchmark. Year-to-date, the…

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