Stock Radar: 40% down from highs! Equitas SFB is showing signs of bottoming out

Equitas SFB’s stock price climbed to Rs 115 on January 16, 2024, but failed to maintain momentum, settling at Rs 68 on January 14, 2025 — a decline of about 40%. It found support near Rs 60 in November 2024 but lost steam around Rs 67, aligning with the 200-week moving average. After breaking a narrow seven-week range in early January, the price touched Rs 68.85 on January 14.