Why is BEW Engg falling/rising?
As of 30-Jul, BEW Engineering Ltd's stock price is at 156.75, down 0.82%, and has significantly underperformed its sector and the Sensex. The stock has seen a year-to-date decline of 39.46% and a staggering 89.61% drop over the past year, indicating severe struggles in the current market.
As of 30-Jul, BEW Engineering Ltd's stock price is currently at 156.75, reflecting a decrease of 1.3, or 0.82%. The stock has underperformed its sector by 1.51% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 82.68% compared to the 5-day average. Over the past week, the stock has decreased by 5.20%, and it has experienced a substantial decline of 39.46% year-to-date, while its 1-year return shows a staggering drop of 89.61%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, BEW Engineering Ltd's performance has been notably poor compared to the benchmark, the Sensex, which has only declined by 1.45% over the past week. While the Sensex has shown a positive year-to-date return of 5.12%, BEW Engineering's significant losses highlight a stark contrast in performance. The stock's long-term returns are also concerning, with a 3-year decline of 80.34% compared to the Sensex's gain of 44.86%. This disparity indicates that BEW Engineering is struggling significantly in the current market environment.
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