Why is Bikewo Green falling/rising?

Jul 08 2025 11:21 PM IST
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As of 08-Jul, Bikewo Green Tech Ltd's stock price is at 19.80, down 3.88%, with a significant decline of 10.20% over the past week and 31.01% year-to-date. Despite a recent 10.00% increase over the past month, the stock underperforms compared to its sector and the benchmark Sensex.
As of 08-Jul, Bikewo Green Tech Ltd's stock price is currently at 19.80, reflecting a decrease of 0.8, or 3.88%. The stock has underperformed its sector today by 2.92%. In terms of returns, the stock has seen a significant decline of 10.20% over the past week and a year-to-date drop of 31.01%. While it has shown some recovery with a 10.00% increase over the past month, it remains lower than the 5-day, 20-day, and 200-day moving averages, despite being higher than the 50-day and 100-day averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 42.86% against the 5-day average, indicating some interest in trading the stock. However, there are no specific positive or negative factors available to further explain the stock's recent movement.

In the broader market context, Bikewo Green's performance has been notably weaker compared to the benchmark Sensex, which has only declined by 0.08% over the past week and has gained 7.94% year-to-date. This stark contrast highlights the stock's struggles, particularly in the short term, where it has significantly lagged behind the benchmark. The overall market appears to be performing better, which may contribute to the negative sentiment surrounding Bikewo Green Tech Ltd's stock price decline.
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