Why is Bimetal Bearings falling/rising?
As of 17-Sep, Bimetal Bearings Ltd. is priced at 650.00, down 0.12%, and has underperformed its sector today. Despite a positive long-term trend indicated by moving averages and increased investor participation, the stock has declined year-to-date and over the past year, lagging behind the benchmark Sensex.
As of 17-Sep, Bimetal Bearings Ltd. is currently priced at 650.00, reflecting a decrease of 0.8, or 0.12%. The stock has underperformed its sector today by 1.1%. However, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. In terms of returns, the stock has shown a 1-week increase of 0.99% and a 1-month increase of 5.17%, but it has declined by 5.57% year-to-date and 16.16% over the past year. Notably, there has been a rise in investor participation, with delivery volume increasing by 22.54% against the 5-day average, suggesting growing interest despite the current price drop. There are no specific positive or negative factors available to further explain the stock's recent movement.In the broader market context, Bimetal Bearings' short-term performance over the past week has lagged behind the benchmark Sensex, which has increased by 1.56% during the same period. While the stock has shown some recovery in the last month, outperforming the Sensex by 2.57%, its year-to-date and one-year performances remain significantly lower than the benchmark. This underperformance relative to the market may contribute to investor sentiment and the stock's current price decline.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
