Why is Cupid Breweries falling/rising?

Jun 06 2025 02:28 PM IST
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As of 05-Jun, Cupid Breweries & Distilleries Ltd's stock price is Rs 92.70, down 1.51%, and has underperformed the Sensex recently, despite a strong year-to-date return of 43.25%. The stock is currently facing short-term pressures, with increased investor participation noted despite the decline.
As of 05-Jun, Cupid Breweries & Distilleries Ltd is experiencing a decline in its stock price, currently at Rs 92.70, which reflects a decrease of Rs 1.42 or 1.51%. The stock has been underperforming, having lost 7.3% over the last four days and opened today with a loss of 2%. It touched an intraday low of Rs 92.24 and has traded within a narrow range of Rs 0.46. Although the stock is above its 200-day moving average, it is below the 5-day, 20-day, 50-day, and 100-day moving averages. There is a notable increase in investor participation, with delivery volume rising by 132.59% against the 5-day average, indicating some interest despite the recent price decline. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Cupid Breweries has underperformed the Sensex, with a 1-week return of -5.98% compared to the benchmark's -0.23%. Over the past month, the stock has also declined by 1.75%, while the Sensex has gained 0.80%. Year-to-date, however, Cupid Breweries shows a strong performance with a return of 43.25%, significantly outpacing the Sensex's 4.23%. This suggests that while the stock has had a strong start to the year, recent short-term pressures have led to its current decline, contrasting with the overall positive trend seen in the broader market.
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