Why is Chowgule Steam falling/rising?

Nov 03 2025 10:37 PM IST
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As of 03-Nov, Chowgule Steamships Ltd is seeing a price increase to 23.03, reversing a two-day decline and outperforming its sector today. Despite a year-to-date decline of 20.59%, increased delivery volume suggests potential recovery amidst ongoing volatility.
As of 03-Nov, Chowgule Steamships Ltd is experiencing a price increase, with its current price at 23.03, reflecting a change of 0.56 or 2.49% upwards. The stock has shown a trend reversal, gaining after two consecutive days of decline. Additionally, it has outperformed its sector by 2.36% today. The stock's delivery volume has risen significantly, indicating increased investor participation, while its current price is higher than the 50-day moving average but lower than the 5-day, 20-day, 100-day, and 200-day moving averages. Over the past year, the stock has underperformed compared to the benchmark, with a decline of 22.54% against the Sensex's increase of 5.34%, although it has shown strong performance over the longer term with a 76.34% increase over three years and an impressive 461.71% over five years.

In the broader market context, the stock's short-term performance over the past week shows a decline of 1.07%, which is slightly worse than the Sensex's decline of 0.94%. This indicates that while the stock is currently rising, it has faced challenges in the recent past compared to the overall market. The positive factors, such as the increase in delivery volume and the stock's performance today, suggest a potential recovery, but the overall year-to-date decline of 20.59% highlights ongoing volatility and challenges for Chowgule Steamships Ltd in the current market environment.
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