Campus Activewear Hits New Low Amid Broader Consumer Durables Sector Decline
Campus Activewear has seen a notable decline, reaching a new 52-week low amid a broader downturn in the consumer durables sector. The stock's performance has lagged behind the market, with significant losses over recent days and a year-to-date decline that contrasts sharply with the overall market trend.
Campus Activewear, a midcap player in the consumer durables sector, has experienced a significant decline of 5.43% on April 7, 2025. The stock reached a new 52-week low of Rs. 215, marking a notable drop of 10.25% during intraday trading. This decline follows a two-day losing streak, with the stock down 5.35% over this period.Opening the day with a gap down of 6.07%, Campus Activewear's performance aligns closely with the broader consumer durables sector, which has fallen by 4.51%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In the broader market context, the Sensex initially opened down by 3,914.75 points but managed to recover by 951.73 points, currently trading at 72,401.67, which is 2.99% away from its own 52-week low. Over various time frames, Campus Activewear's performance has lagged behind the Sensex, with a year-to-date decline of 29.83% compared to the Sensex's 7.45%.
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