Why is Emerald Tyre falling/rising?

Sep 01 2025 11:09 PM IST
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As of 01-Sep, Emerald Tyre Manufacturers Ltd's stock price is 140.45, down 1.95%, with a year-to-date decline of 21.78%. Despite increased investor interest indicated by a 432.11% rise in delivery volume, the stock continues to underperform compared to the benchmark Sensex.
As of 01-Sep, Emerald Tyre Manufacturers Ltd is experiencing a decline in its stock price, currently at 140.45, reflecting a decrease of 2.8 points or 1.95%. The stock has underperformed its sector by 3.97% today, despite showing higher performance than its 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 432.11% against the 5-day average, indicating heightened interest. However, the stock has seen a negative return of 4.03% over the past month and a substantial decline of 21.78% year-to-date, suggesting ongoing challenges despite the recent uptick in trading activity. 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 short-term performance over the past week shows a decline of 0.74%, which is better than the benchmark Sensex's drop of 1.37%. However, the year-to-date performance starkly contrasts with the Sensex, which has gained 4.15% while Emerald Tyre has lost 21.78%. This underperformance relative to the benchmark highlights the stock's struggles in the current market environment, despite some positive signs in trading volume.
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