Why is Beezaasan Exp. falling/rising?
As of 22-Jul, Beezaasan Explotech Ltd's stock price is Rs 218.55, down 1.11%, and has underperformed the market with a 7.43% decline over the past month. The stock is trading below all key moving averages, indicating a bearish trend and declining investor interest.
As of 22-Jul, Beezaasan Explotech Ltd's stock price is currently at Rs 218.55, reflecting a decrease of Rs 2.45 or 1.11%. The stock has been underperforming, having fallen for the last two days with a total decline of 2% during this period. Today's trading saw the stock reach a high of Rs 227.8, but it also dipped to a low of Rs 210. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decline in investor participation, with delivery volume dropping by 2.3% compared to the 5-day average, which suggests waning interest among investors.In the broader market context, the stock's performance over the past week has been slightly worse than the benchmark Sensex, with a decline of 0.66% compared to the Sensex's 0.47% drop. Over the past month, Beezaasan Explotech Ltd has seen a significant decline of 7.43%, while the Sensex has only decreased by 0.27%. This underperformance in both short-term and longer-term metrics highlights the challenges the company is facing relative to the market. The lack of positive factors in the provided data further emphasizes the stock's struggles, contributing to its recent price decline.
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