Why is Elgi Rubber Co falling/rising?

Nov 14 2025 10:13 PM IST
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As of 14-Nov, Elgi Rubber Company Ltd's stock price is Rs 57.07, down 4.99%, with a total decline of 6.04% over the last two days and a year-to-date drop of 58.05%. The stock is underperforming significantly compared to the Sensex, which has gained 9.58% this year, and is currently trading below all moving averages, indicating a bearish trend.
As of 14-Nov, Elgi Rubber Company Ltd is experiencing a decline in its stock price, currently at Rs 57.07, which reflects a decrease of 3.0 points or 4.99%. The stock has been underperforming significantly, having fallen for the last two days with a total decline of 6.04% in that period. Over the past eight weeks, the stock has consistently decreased, resulting in a total return of -100%. Additionally, it has not traded on five out of the last twenty days, indicating erratic trading patterns. The stock is currently trading below all its moving averages, which suggests a bearish trend. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.

In the broader market context, Elgi Rubber's performance has been notably poor compared to the benchmark, the Sensex, which has gained 1.64% over the past week while Elgi Rubber has dropped 9.07%. This trend continues over the past month, with Elgi Rubber down 8.41% compared to the Sensex's 3.04% increase. Year-to-date, the stock has plummeted by 58.05%, contrasting sharply with the Sensex's gain of 9.58%. The stark difference in performance highlights the challenges faced by Elgi Rubber in the current market environment, contributing to its declining stock price.
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