Why is Ceigall India falling/rising?

Jun 10 2025 11:29 PM IST
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As of 10-Jun, Ceigall India Ltd's stock price is at 260.90, up 4.36%, and has shown strong short-term performance, outperforming the Sensex recently. However, it remains down 23.15% year-to-date, indicating long-term struggles despite recent gains.
As of 10-Jun, Ceigall India Ltd's stock price is rising, currently at 260.90, reflecting an increase of 10.9 or 4.36%. The stock has been gaining momentum, having risen 6.49% over the last two days and outperforming its sector by 5.16% today. It reached an intraday high of Rs 262.8, and its delivery volume has increased by 11.13% compared to the 5-day average, indicating rising investor participation. Although the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

Broader Market Context: In the short term, Ceigall India Ltd has outperformed the benchmark Sensex, with a 1-week return of +4.82% compared to the Sensex's +2.05%. Over the past month, the stock has also shown a positive return of +5.24%, while the Sensex gained +3.70%. However, it is important to note that year-to-date, Ceigall India Ltd is down by 23.15%, contrasting with the Sensex's gain of 5.44%. This indicates that while the stock is currently experiencing a rise, it has struggled significantly over a longer time frame.
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