Why is Birla Cable falling/rising?

Nov 04 2025 09:22 PM IST
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As of 04-Nov, Birla Cable Ltd's stock price is at 157.00, down 1.44%, and has underperformed its sector. The stock has seen a year-to-date decline of 26.69%, with significantly reduced investor participation and weaker long-term performance compared to the Sensex.
As of 04-Nov, Birla Cable Ltd is experiencing a decline in its stock price, currently at 157.00, which reflects a decrease of 2.3 or 1.44%. The stock has underperformed its sector by 1% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 66.94% compared to the 5-day average. Over the past month, the stock has decreased by 2.91%, and year-to-date, it has seen a substantial decline of 26.69%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Birla Cable's short-term performance shows a slight increase of 0.26% over the past week, contrasting with the Sensex, which has declined by 1.38% during the same period. However, the stock's longer-term performance has been significantly weaker than the benchmark, with a year-to-date drop of 26.69% compared to the Sensex's gain of 6.81%. This disparity highlights the challenges faced by Birla Cable in maintaining investor confidence and market performance relative to the broader market trends.
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