Technical Momentum Shifts Amid Construction Sector Challenges
Price Movement and Market Context
SEPC’s current trading price stands at ₹10.04, down from the previous close of ₹10.23, marking a daily decline of 1.86%. The stock’s intraday range today has fluctuated between ₹9.98 and ₹10.55, indicating some volatility within a relatively narrow band. Over the past 52 weeks, SEPC has recorded a high of ₹25.83 and a low of ₹9.55, highlighting significant price compression in recent months.
When compared to the broader market benchmark, the Sensex, SEPC’s returns have diverged notably. Over the past week, SEPC’s stock return was -1.08%, contrasting with the Sensex’s positive 0.56%. The divergence widens over longer periods, with SEPC showing a year-to-date return of -52.73% against…
