Why is Coastal Corporat falling/rising?

Aug 08 2025 10:33 PM IST
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As of 08-Aug, Coastal Corporation Ltd's stock price is Rs. 33.75, down 2.32%, and has reached a 52-week low. The stock has significantly underperformed its sector and the broader market, with a year-to-date decline of 36.56%.
As of 08-Aug, Coastal Corporation Ltd is experiencing a decline in its stock price, currently at Rs. 33.75, which represents a decrease of Rs. 0.8 or 2.32%. The stock has hit a new 52-week low of Rs. 33.22 today and has underperformed its sector by 0.69%. Over the past week, the stock has seen a return of -3.93%, and its performance over the last month is down by 11.56%. Additionally, Coastal Corporation 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 significantly decreased, falling by 67.45% compared to the 5-day average, suggesting a drop in investor participation.

In the broader market context, while the Sensex has decreased by only 0.92% over the past week, Coastal Corporation's performance has been notably worse, indicating that the stock is underperforming relative to the market. Year-to-date, Coastal Corporation has seen a staggering decline of 36.56%, contrasting sharply with the Sensex's modest gain of 2.20%. This significant underperformance over various time frames, coupled with the lack of positive factors available in the data, reinforces the downward pressure on the stock's price.
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