Why is Emerald Tyre falling/rising?

Sep 04 2025 12:11 AM IST
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As of 03-Sep, Emerald Tyre Manufacturers Ltd's stock price is declining at 140.00, down 2.1%, and has underperformed its sector today. Despite a recent increase in investor participation, the stock has dropped 22.03% year-to-date and significantly lags behind the benchmark Sensex, which has gained 4.53%.
As of 03-Sep, Emerald Tyre Manufacturers Ltd is experiencing a decline in its stock price, currently at 140.00, which represents a decrease of 3.0 or 2.1%. The stock has underperformed its sector by 1% today, and while it is trading higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. Over the past month, the stock has seen a significant decline of 4.34%, and year-to-date, it has dropped by 22.03%. Despite a recent increase in investor participation, with delivery volume rising by 44.04% against the 5-day average, there are no positive or negative factors available to further explain the stock's recent movement.

In the broader market context, the stock's short-term performance over the past week shows a modest gain of 0.25%, while the benchmark Sensex has only increased by 0.01%. However, the stock's longer-term performance is concerning, as it has significantly underperformed the Sensex year-to-date, which has gained 4.53%. This stark contrast highlights the challenges Emerald Tyre is facing in the current market environment, contributing to the downward pressure on its stock price.
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