Why is Bikewo Green falling/rising?

Sep 15 2025 11:34 PM IST
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As of 15-Sep, Bikewo Green Tech Ltd's stock price is at 17.85, up 3.78% today, but down 37.80% year-to-date. Despite recent gains, the stock has underperformed significantly compared to the broader market.
As of 15-Sep, Bikewo Green Tech Ltd's stock price is currently at 17.85, reflecting an increase of 0.65 or 3.78%. The stock has shown a positive performance today, outperforming its sector by 4.1%. In terms of returns, over the past week, the stock has risen by 2.29%, and over the past month, it has increased by 9.51%. However, it is important to note that the stock is down 37.80% year-to-date. The stock's moving averages indicate that it is currently higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 16.67% against the 5-day average, although the stock remains liquid enough for trading.

In the broader market context, Bikewo Green's short-term performance has outpaced the Sensex, which has only increased by 1.20% over the past week and 1.78% over the past month. This suggests that while the stock is experiencing a rise in price, it is doing so in a market that is also showing positive movement, albeit at a slower rate. The significant year-to-date decline of 37.80% compared to the Sensex's 6.02% increase indicates that the stock has struggled overall this year, despite recent gains. The absence of specific positive or negative factors in the dashboard limits further analysis of the underlying reasons for the stock's recent movement.
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