Why is Chowgule Steam falling/rising?

Sep 11 2025 10:26 PM IST
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As of 11-Sep, Chowgule Steamships Ltd's stock price has increased to 23.14, up 2.53%, but it has underperformed in the short term with declines over the past week and month. Despite recent gains, the stock remains below longer-term moving averages and has a year-to-date drop of 20.21%, although it has shown strong growth over the past 3 and 5 years.
As of 11-Sep, Chowgule Steamships Ltd is experiencing a price increase, with its current price at 23.14, reflecting a change of 0.57 or 2.53% upward. Today's price summary indicates that the stock has outperformed its sector by 1.91%. Additionally, the stock's delivery volume has risen significantly, increasing by 54.13% against the 5-day average, suggesting heightened investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below the longer-term moving averages of 50, 100, and 200 days. The stock has shown a negative performance over the past week and month, with declines of 0.64% and 5.67%, respectively, and a year-to-date drop of 20.21%. However, it has demonstrated strong growth over the longer term, with a 3-year return of 109.60% and a 5-year return of 436.89%.

In the broader market context, the Sensex has shown positive returns of 1.03% over the past week and 1.17% over the past month, indicating that Chowgule Steamships Ltd's short-term performance is lagging behind the benchmark. Despite this, the stock's recent upward movement today suggests a potential recovery or positive sentiment among investors, contrasting with its overall negative returns in the shorter time frames. The liquidity of the stock appears sufficient for trading, which may also contribute to the positive price movement observed today.
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