Highlights

• Lexus Granito (India) Limited (NSE: LEXUS) declined 4.97% to ₹21.24 on April 10, 2026.
• The stock remains below its 50-day SMA of ₹30.82, indicating that the broader trend is still weak.
• RSI slipped to 25.40, reflecting continued downside momentum.

Overview

Lexus Granito (India) Limited (NSE: LEXUS) remained under pressure on April 10, 2026, with the stock falling 4.97% to ₹21.24. The stock opened at ₹21.24 and stayed at the same level throughout the session, with the day’s high and low also recorded at ₹21.24.

The latest decline adds to the recent weakness seen in the stock after it failed to hold above the ₹25.00 region. The stock has now moved closer to the lower end of its recent trading band.

Fundamental View

For the quarter ended December 2025, Lexus Granito (India) Limited reported standalone total income of ₹1,375.72 lakh. Profit before tax stood at ₹65.45 lakh, while net profit was ₹70.84 lakh. Earnings per share for the quarter came in at ₹0.35.

Although the company remained profitable during the quarter, the stock price continues to face pressure as the market focuses more on the weak price structure.

Technical View

Lexus Granito (India) Limited is currently trading near ₹21.24 and remains below its 50-day Simple Moving Average of ₹30.82. The stock has stayed below this moving average for most of the recent period, which suggests that the broader structure continues to remain weak.

The chart indicates that the stock had witnessed a sharp rise toward the ₹38.00 region during March 2026, but the rally was not sustained. Since then, Lexus Granito has given up most of those gains and moved back toward the ₹21.00 zone.

The latest candle reflects continued weakness after repeated failed attempts to stabilise. The stock is now approaching an important downside zone.

The 14-day RSI is currently at 25.40, which is close to oversold territory and indicates that downside momentum remains strong. Unless the stock recovers above the recent trading range, the near-term structure may continue to stay weak.

Key Technical Levels

On the downside, the immediate support zone is placed between ₹20.00 and ₹18.00. If the stock slips below ₹20.00, the weakness may extend further.

On the upside, Lexus Granito is likely to face resistance between ₹23.90 and ₹25.50. The stock may need to move above this zone to improve the near-term trend.

Source: TradingView

Risks To Watch

• The stock remains below its 50-day SMA.
• RSI near 25.40 reflects continued weak momentum.
• Failure to hold above ₹20.00 may increase downside pressure.
• Repeated rejection near ₹25.50 may keep the trend weak.

Summary

Lexus Granito (India) Limited (NSE: LEXUS) remains under pressure after falling nearly 5.00% and trading close to its recent lows. The chart structure continues to remain weak, while the RSI suggests that downside momentum is still dominant. Market participants may now watch whether the stock can hold above the ₹20.00–₹18.00 zone in the coming sessions.