Why is Deepak Chemtex falling/rising?

Sep 17 2025 11:26 PM IST
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As of 17-Sep, Deepak Chemtex Ltd is priced at Rs 133.50, down 1.84%, and has underperformed its sector by 2.47%. The stock shows declining investor interest and lacks positive catalysts, indicating a challenging outlook.
As of 17-Sep, Deepak Chemtex Ltd is currently priced at Rs 133.50, reflecting a decline of Rs 2.5 or 1.84%. The stock has underperformed its sector by 2.47% today, reaching an intraday low of Rs 130.2, which is a decrease of 4.26%. Over the past week and month, the stock has seen a consistent decline of 1.11%, while year-to-date it has dropped by 5.45%. Additionally, the stock is trading above its 200-day moving average but below its 5-day, 20-day, 50-day, and 100-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 56.52% compared to the 5-day average, indicating reduced interest in the stock.

In the broader market context, the Sensex has performed positively, gaining 1.56% over the past week and 2.60% over the past month, contrasting sharply with Deepak Chemtex's negative returns during the same periods. Year-to-date, while the Sensex has increased by 5.83%, Deepak Chemtex has struggled, reflecting a broader trend of underperformance. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could influence the stock's movement positively. Overall, the combination of declining investor interest and poor relative performance against the benchmark suggests a challenging environment for Deepak Chemtex Ltd.
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