Why is Bhagawati Oxygen falling/rising?

Sep 03 2025 09:11 PM IST
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As of 03-Sep, Bhagawati Oxygen Ltd's stock price is Rs 41.35, down 4.57%, and has underperformed its sector and the broader market significantly. The stock is in a bearish trend, trading below all major moving averages, with a notable drop in investor participation.
As of 03-Sep, Bhagawati Oxygen Ltd's stock price is currently at Rs 41.35, reflecting a decline of Rs 1.98 or 4.57%. The stock has underperformed its sector by 5.05% today and has experienced a trend reversal, falling after two consecutive days of gains. It opened with a loss of 4.92% and reached an intraday low of Rs 41.2. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 93.73% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, Bhagawati Oxygen's short-term performance over the past week shows a decline of 2.22%, while the benchmark Sensex has only decreased by 0.27%. This indicates that the stock is underperforming relative to the broader market. Over the past month, the stock has decreased by 2.93%, again contrasting with the Sensex's minimal decline of 0.04%. Year-to-date, Bhagawati Oxygen has seen a significant drop of 21.76%, while the Sensex has gained 3.11%, further highlighting the stock's struggles in comparison to the overall market performance.
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