Why is Bhagawati Oxygen falling/rising?

Aug 22 2025 09:03 PM IST
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As of 22-Aug, Bhagawati Oxygen Ltd's stock price is at 41.20, down 1.9%, and has underperformed significantly, losing 13.81% over the past month and 22.04% year-to-date. Despite a recent increase in delivery volume, the stock continues to trade below key moving averages and lacks positive catalysts for recovery.
As of 22-Aug, Bhagawati Oxygen Ltd's stock price is currently at 41.20, reflecting a decrease of 0.8, or 1.9%. The stock has been underperforming, having lost 6.68% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, while the stock has seen a significant increase in delivery volume, rising by 184.81% against the 5-day average, it still underperformed its sector by 1.45%. Over the past month, the stock has declined by 13.81%, and year-to-date, it has fallen by 22.04%, indicating a challenging performance compared to the broader market.

In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting with Bhagawati Oxygen's slight decline of 0.15%. This divergence highlights the stock's struggles relative to the benchmark. Furthermore, while the stock has performed well over a longer time frame, with a 114.14% increase over five years, its recent performance has been lackluster, particularly in the short term. The absence of any positive factors in the dashboard suggests that there are no current catalysts to support a rebound, contributing to the stock's downward trend.
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