Why is Excellent Wires falling/rising?
As of 23-Sep, Excellent Wires and Packaging Ltd is priced at 45.50, showing no change and underperforming its sector by 1.29%. The stock has declined 5.21% over the past week and 24.54% year-to-date, with decreased investor participation and significant lag behind the broader market.
As of 23-Sep, Excellent Wires and Packaging Ltd is currently priced at 45.50, with no change in price, reflecting a 0.00% movement. The stock has underperformed its sector by 1.29% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 5.21%, and it has seen a significant drop of 24.54% year-to-date. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 28.57% compared to the 5-day average. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week, contrasting with Excellent Wires' more substantial drop. While the benchmark has gained 1.20% over the past month and 6.45% year-to-date, Excellent Wires has experienced a significant decline of 11.99% and 24.54% respectively. This stark difference indicates that the stock is not only underperforming relative to its sector but also lagging behind the overall market performance.
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