Why is Deepak Spinners falling/rising?

Sep 18 2025 10:15 PM IST
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As of 18-Sep, Deepak Spinners Ltd. is facing a stock price decline to 137.10, down 0.65%, with a significant underperformance of 30.93% year-to-date compared to the Sensex's 6.24% gain. Despite a recent increase in investor participation, the stock remains below several key moving averages, indicating ongoing challenges in the market.
As of 18-Sep, Deepak Spinners Ltd. is experiencing a decline in its stock price, currently at 137.10, which reflects a decrease of 0.9 or 0.65%. The stock has been underperforming, having lost 3.28% over the last two days and showing a negative return of 4.13% over the past month. While the stock is higher than its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with a delivery volume rise of 63.75% compared to 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, the stock's performance over the past week shows a slight gain of 0.11%, which contrasts sharply with the Sensex's increase of 1.80%. Over the year-to-date, Deepak Spinners has significantly underperformed, with a decline of 30.93%, while the Sensex has gained 6.24%. This disparity highlights the challenges faced by Deepak Spinners in the current market environment, particularly as it continues to lag behind the benchmark indices in both short-term and long-term performance metrics.
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