Why is Ent.Network falling/rising?

Sep 15 2025 10:12 PM IST
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As of 15-Sep, Entertainment Network (India) Ltd's stock price is 159.65, reflecting a decline of 0.78% and a total return loss of 1.18% over the last two days. The stock has significantly underperformed the market, with a year-to-date decline of 10.54% and reduced investor participation indicated by a 68.82% drop in delivery volume.
As of 15-Sep, Entertainment Network (India) Ltd is experiencing a decline in its stock price, currently at 159.65, which reflects a decrease of 1.25 or 0.78%. The stock has underperformed its sector by 0.26% today and has been on a consecutive downward trend for the last two days, resulting in a total return loss of 1.18% during this period. Over the past week, the stock has shown a marginal increase of 0.03%, but it has significantly underperformed over longer periods, with a year-to-date decline of 10.54% and a one-year drop of 21.53%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 68.82% against the five-day average, indicating reduced interest among investors.

In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.24% over the past week and 4.67% year-to-date. This divergence highlights the stock's struggles relative to the overall market, as it has consistently underperformed against the benchmark across various time frames. The stock's moving averages indicate that while it is above the 50-day, 100-day, and 200-day averages, it remains below the 5-day and 20-day averages, suggesting a short-term weakness. Overall, the combination of declining investor participation and poor relative performance against the benchmark contributes to the stock's downward movement.
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