Why is Benara Bearings falling/rising?

Sep 23 2025 11:14 PM IST
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As of 23-Sep, Benara Bearings & Pistons Ltd is seeing a price increase to 13.89, but it remains below key moving averages and has experienced a significant drop in trading volume. Despite a recent outperformance against its sector, the stock has a year-to-date decline of 30.93%, indicating ongoing challenges in regaining investor confidence.
As of 23-Sep, Benara Bearings & Pistons Ltd is experiencing a price increase, with the current price at 13.89, reflecting a change of 0.66 or 4.99% upward. Despite this positive movement today, the stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak trend. The stock's delivery volume has significantly decreased, with a 72.22% drop compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has outperformed its sector by 5.14%, but it has a negative return of 8.13% over the past month and a year-to-date decline of 30.93%.

In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Benara Bearings' positive performance in the same period. However, the stock's long-term performance remains concerning, with a year-to-date drop of 30.93% compared to the Sensex's gain of 5.07%. This indicates that while the stock has had a brief uptick, its overall trajectory remains negative, and the significant drop in trading volume and participation could hinder sustained recovery. The absence of any positive factors in the dashboard further emphasizes the challenges the stock faces in regaining investor confidence.
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