Why is Betex India falling/rising?
As of 11-Nov, Betex India Ltd's stock price is declining at 390.40, down 8.62%, and has lost 34.93% over the past week. Despite increased investor participation, the stock underperforms its sector and the broader market, indicating weak sentiment and a bearish trend.
As of 11-Nov, Betex India Ltd is experiencing a decline in its stock price, currently at 390.40, which represents a decrease of 36.85 points or 8.62%. The stock has been on a downward trend, having lost 34.93% over the last seven days, and it opened today with a loss of 3.73%. The stock has also underperformed its sector by 9.54%. In terms of returns, Betex India has seen a significant drop of 29.02% over the past week and 19.15% over the past month, while year-to-date, it is down 14.29%. The stock is trading below all its moving averages, indicating a bearish trend. Although there has been a rise in investor participation with a 95.7% increase in delivery volume, the overall sentiment appears negative, contributing to the stock's recent decline.In the broader market context, while the Sensex has gained 0.49% over the past week and 1.66% over the past month, Betex India has significantly lagged behind, highlighting its underperformance relative to the benchmark. The stark contrast between the stock's performance and the market's positive movement suggests that investor sentiment towards Betex India is weak, further exacerbated by high volatility and a wide trading range today. The stock's inability to maintain upward momentum, despite some positive trading volume, indicates that broader market conditions are not favoring Betex India at this time.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
