The stock, with a market capitalisation of more than Rs 25,000 crore, hit a 52-week high of Rs 2,261 on 16 November 2021 and since then the stock went sideways. It hit a low of Rs 1,655 in March 2022, and Rs 1,608 in June 2022.
Negative Breakout: These 10 stocks cross below their 200 DMAs
In the Nifty200 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 23, according to stockedge.com’s technical scan data.