Why is Bansal Roofing falling/rising?

Aug 06 2025 10:05 PM IST
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As of 06-Aug, Bansal Roofing Products Ltd's stock price is Rs 126.80, down 1.63%, but it has shown strong long-term gains of 66.84% over the past year. Despite recent declines, the stock is outperforming the Sensex in the short term and has increased investor interest, indicated by a 53.33% rise in delivery volume.
As of 06-Aug, Bansal Roofing Products Ltd is experiencing a decline in its stock price, currently at Rs 126.80, which reflects a decrease of Rs 2.1 or 1.63%. Today's performance indicates that the stock underperformed its sector by 0.58%, with an intraday low of Rs 123.45, marking a drop of 4.23%. Despite this, the stock has shown strong performance over the past month, with a return of 8.84%, and impressive long-term gains, including a 66.84% increase over the past year and a staggering 1980.82% over the last five years. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 53.33% against the 5-day average, indicating growing interest in the stock.

In the broader market context, Bansal Roofing's short-term return of 0.63% over the past week contrasts with the Sensex, which has declined by 1.15% during the same period. This suggests that while the stock is facing some immediate challenges, it is still outperforming the benchmark index in the short term. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value. However, there is no specific information available regarding positive or negative factors that could further clarify the reasons behind the stock's recent movements.
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