Why is EP Biocomposites falling/rising?
As of 11-Jul, EP Biocomposites Ltd's stock price is Rs 102.00, up 2.0%, but it has declined significantly over the past week and month. The stock is trading below all key moving averages and is close to its 52-week low, indicating a bearish trend amidst decreased investor participation.
As of 11-Jul, EP Biocomposites Ltd's stock price is currently at Rs 102.00, reflecting an increase of Rs 2.0 or 2.0%. Despite this uptick, the stock has shown a significant decline over the past week and month, with returns of -7.27% and -12.14%, respectively. The stock is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.92% away from Rs 98. The delivery volume has decreased significantly, falling by 52.38% against the 5-day average, suggesting a drop in investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the Sensex has shown a relatively stable performance, with a slight decline of only -1.12% over the past week and a negligible change of -0.02% over the past month. This indicates that while EP Biocomposites is experiencing a more pronounced downturn compared to the benchmark, it has outperformed its sector by 1.78% today. The stark contrast between the stock's year-to-date decline of -40.35% and the Sensex's gain of +5.58% further emphasizes the challenges faced by EP Biocomposites in the current market environment.
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