Why is Excellent Wires falling/rising?
As of 10-Sep, Excellent Wires and Packaging Ltd is priced at 45.45, with a year-to-date decline of 24.63% and significant underperformance compared to the Sensex, which has gained 5.62%. The stock is trading below all major moving averages, indicating a bearish trend and decreased investor participation.
As of 10-Sep, Excellent Wires and Packaging Ltd is currently priced at 45.45, showing no change (0.00%). The stock has been underperforming, with a 1-week return of -1.94% and a 1-month return of -12.09%. Additionally, it has declined by 24.63% year-to-date. Today's price summary indicates that Excellent Wires is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, investor participation has decreased significantly, with a delivery volume of 1.6k on September 9, which is down by 54.55% compared to the 5-day average. There are no positive or negative factors available to provide additional context for the stock's recent movement.In the broader market context, the stock's performance has been notably weaker than the benchmark, the Sensex, which has gained 1.04% over the past week and 2.50% over the past month. Year-to-date, while the Sensex has increased by 5.62%, Excellent Wires has seen a substantial decline. This stark contrast highlights the challenges faced by Excellent Wires in attracting investor interest and maintaining its stock price amidst a generally positive market environment.
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