Dynamic Cables Shows Recovery Amid Broader Market Resilience and Mixed Momentum Signals

May 05 2025 02:45 PM IST
share
Share Via
Dynamic Cables saw a significant rebound on May 5, 2025, after a week of declines, with an intraday high reflecting strong performance compared to its sector. While the stock is above some short-term moving averages, it faces challenges in the longer term, having declined notably year-to-date. The broader market also showed positive momentum.
Dynamic Cables has experienced a notable uptick of 7.0% on May 5, 2025, marking a significant turnaround after seven consecutive days of decline. The stock opened with a gain of 2.73% and reached an intraday high of Rs 565.55, reflecting a 7.19% increase during the trading session. This performance has allowed Dynamic Cables to outperform its sector, which saw a gain of 2.64%.

In terms of moving averages, the stock is currently above its 5-day and 20-day moving averages, yet remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed momentum in the short to medium term. Over the past week, Dynamic Cables has gained 3.58%, while its performance over the last month stands at 1.22%. However, the stock has faced challenges in the longer term, with a decline of 41.38% year-to-date and a drop of 26.49% over the past three months.

In the broader market, the Sensex has shown resilience, rising 0.45% today and gaining 7.6% over the past three weeks, with mid-cap stocks leading the charge.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News