Why is Explicit Finance falling/rising?

Jul 23 2025 10:08 PM IST
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As of 23-Jul, Explicit Finance Ltd's stock price is at 7.12, down 4.94% and underperforming its sector. The stock has seen a significant decline in delivery volume and has dropped 9.30% over the past week, contrasting with the broader market's gains.
As of 23-Jul, Explicit Finance Ltd's stock price is currently at 7.12, reflecting a decline of 0.37 or 4.94%. The stock has underperformed its sector by 5.48% today and has experienced a trend reversal, falling after three consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased, with a drop of 99.92% against the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 9.30%, and over the past month, it has decreased by 11.66%, while year-to-date it is down 0.42%. However, on a yearly basis, the stock has shown a positive return of 20.68%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week and a gain of 1.01% over the past month, contrasting with Explicit Finance's significant declines in the same periods. Year-to-date, while the Sensex has risen by 5.87%, Explicit Finance has struggled to maintain its value. This underperformance relative to the benchmark suggests that the stock is facing challenges that are not affecting the broader market, contributing to its recent price decline.
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