The stock extended losses post demerger and slipped to a 52-week low. It is trading below major moving averages on short-term, medium-term and long-term timeframe charts. The key technical indicators also favor bears.
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve
The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that
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