Technical Momentum Shifts Amid Mixed Market Signals
Price Movement and Market Context
On 29 Dec 2025, MMTC’s stock price closed at ₹64.21, marking a significant rise from the previous close of ₹57.51. The intraday range spanned from ₹57.37 to ₹65.44, indicating heightened volatility and buying interest. This price level remains below the 52-week high of ₹88.20 but comfortably above the 52-week low of ₹42.55, suggesting a recovery phase after a period of weakness.
Comparing MMTC’s returns against the benchmark Sensex reveals a mixed performance. Over the past week, MMTC’s stock return was 16.20%, substantially outpacing the Sensex’s 0.13%. The one-month return also shows a positive 4.76%, while the Sensex recorded a decline of 0.66% in the same period. However,…
