Why is Baheti Recycling falling/rising?

Aug 06 2025 11:52 PM IST
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As of 06-Aug, Baheti Recycling Industries Ltd's stock price is Rs 556.95, down 1.86%, and has underperformed in the short term with a 4.04% decline over the last six days. Despite recent struggles, it has strong year-to-date returns of 43.54%, outperforming the benchmark Sensex's gain of 3.93%.
As of 06-Aug, Baheti Recycling Industries Ltd is experiencing a decline in its stock price, currently at Rs 556.95, which reflects a decrease of Rs 10.55 or 1.86%. The stock has been underperforming, having lost 4.04% over the last six days, and it has underperformed its sector by 2.2% today. Additionally, the stock's performance over the past week shows a decline of 3.88%, and over the past month, it has decreased by 9.45%. Although the stock has shown strong year-to-date and one-year returns of 43.54% and 90.09% respectively, it is currently trading lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a bearish trend. There is no information available regarding positive or negative factors impacting the stock.

In the broader market context, while Baheti Recycling's short-term performance has been negative, the benchmark Sensex has also shown a decline of 1.13% over the past week and 3.48% over the past month. This suggests that the stock's recent struggles are not entirely isolated, as the overall market is facing challenges as well. However, the stock's year-to-date performance significantly outpaces the Sensex's gain of 3.93%, indicating that despite recent declines, Baheti Recycling has had a strong performance relative to the market over a longer timeframe.
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