Why is Esprit Stones falling/rising?

Aug 18 2025 11:11 PM IST
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As of 18-Aug, Esprit Stones Ltd's stock price is 98.25, down 1.7%, underperforming its sector and showing a significant year-to-date decline of 21.93%. Despite a slight short-term gain, the overall sentiment remains negative due to substantial long-term underperformance compared to the Sensex.
As of 18-Aug, Esprit Stones Ltd is experiencing a decline in its stock price, currently at 98.25, which reflects a decrease of 1.7 or 1.7%. The stock has underperformed its sector today by 3.04%, and while it is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 10.71% against the 5-day average. Over the past month, the stock has decreased by 5.53%, contrasting with the Sensex, which has only seen a decline of 0.37%. Year-to-date, Esprit Stones has faced a significant drop of 21.93%, while the Sensex has gained 5.21%.

In the broader market context, the stock's short-term performance over the past week shows a modest gain of 1.29%, which is slightly better than the Sensex's increase of 1.19%. However, the longer-term outlook remains concerning, as Esprit Stones has underperformed significantly over the past year, with a decline of 11.88% compared to the Sensex's gain of 1.37%. This broader trend indicates that while there may be short-term fluctuations, the overall sentiment towards Esprit Stones remains negative, contributing to the recent price decline.
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