Why is Conart Engineers falling/rising?

Oct 20 2025 10:30 PM IST
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As of 20-Oct, Conart Engineers Ltd's stock price is Rs 85.00, down 3.87%, and has fallen 6.9% over the last two days. The stock is underperforming its sector and the Sensex, with significant declines in investor participation and trading below all major moving averages.
As of 20-Oct, Conart Engineers Ltd is experiencing a decline in its stock price, currently at Rs 85.00, which reflects a decrease of Rs 3.42 or 3.87%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.9% during this period. Additionally, it has underperformed its sector by 4.21% today. The stock is trading below all significant moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 47.25% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.

Broader market context shows that Conart Engineers has significantly underperformed compared to the Sensex, with a 1-week return of -6.05% against the benchmark's +2.47%. Over the past month, the stock has declined by 17.32%, while the Sensex has increased by 2.10%. Year-to-date, Conart Engineers has seen a substantial drop of 43.88%, contrasting sharply with the Sensex's gain of 7.97%. This stark difference in performance highlights the challenges faced by Conart Engineers in the current market environment, contributing to the downward pressure on its stock price.
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