Why is Chandra Bhagat falling/rising?

Jun 06 2025 02:36 PM IST
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As of 05-Jun, Chandra Bhagat Pharma Ltd's stock price is Rs 56.00, down 8.94% and significantly underperforming its sector. The stock has declined 15.15% year-to-date and 46.64% over the past year, despite a notable increase in investor participation.
As of 05-Jun, Chandra Bhagat Pharma Ltd's stock price is currently at Rs 56.00, reflecting a decline of Rs 5.5 or 8.94%. The stock has underperformed its sector by 10% today, opening with a significant loss of 7.32%. It reached an intraday low of Rs 56, indicating a negative trading sentiment. Over the past month, the stock has decreased by 6.67%, and its year-to-date performance shows a decline of 15.15%. Additionally, the stock has not performed well over the past year, with a drop of 46.64%, while the 3-year and 5-year returns also show significant underperformance compared to the benchmark Sensex. There is a notable increase in investor participation, with delivery volume rising by 475% against the 5-day average, suggesting some interest despite the overall negative trend.

Broader market context indicates that while the Sensex has experienced a slight decline of 0.23% over the past week, Chandra Bhagat Pharma's performance has been significantly worse, with a 0.00% change in the same period. The stock's performance over the last month and year highlights a stark contrast to the benchmark, which has gained 0.80% and 9.49%, respectively. This disparity suggests that broader market conditions are not favoring Chandra Bhagat Pharma, contributing to its falling stock price amidst a generally more stable market environment.
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