Why is Bright Brothers falling/rising?
As of 06-Nov, Bright Brothers Ltd's stock price is Rs 308.00, down 2.21%, and has underperformed its sector by 2.87%. The stock is in a bearish trend, trading below all key moving averages, with a significant decline in investor participation and a year-to-date drop of 28.34%.
As of 06-Nov, Bright Brothers Ltd is experiencing a decline in its stock price, currently at Rs 308.00, reflecting a decrease of Rs 6.95 or 2.21%. The stock has underperformed its sector by 2.87% today, having touched an intraday low of Rs 301.6, which is a drop of 4.24%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 31.87% drop compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has fallen by 4.69%, and year-to-date, it has seen a substantial drop of 28.34%, contrasting with a positive return of 6.62% in the Sensex.In the broader market context, the stock's recent performance has been notably weaker than the benchmark index. While the Sensex has gained 1.86% over the past month, Bright Brothers has declined by 8.86%, highlighting a significant underperformance. This trend is further emphasized by the stock's year-to-date performance, where it has lost more than a quarter of its value, while the Sensex has remained positive. Overall, the combination of poor trading metrics, declining investor interest, and a stark contrast to the benchmark's performance contributes to the ongoing downward pressure on Bright Brothers Ltd's stock price.
{{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
