Why is Finolex Inds. falling/rising?

Sep 24 2025 10:12 PM IST
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As of 24-Sep, Finolex Industries Ltd's stock price is at 210.00, reflecting a decline of 1.6 or 0.76%. The stock has underperformed recently, with a year-to-date drop of 16.50% and a one-year decline of 27.98%, amidst a challenging market environment.
As of 24-Sep, Finolex Industries Ltd is experiencing a decline in its stock price, currently at 210.00, which reflects a decrease of 1.6 or 0.76%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 3.11%. In the past week, it has underperformed the sector by 0.69%. Additionally, the stock's performance over various periods shows a significant year-to-date decline of 16.50% and a one-year drop of 27.98%, while it has outperformed the benchmark over the three-year and five-year periods. The company maintains a low debt-to-equity ratio, which is a positive factor, but this has not been sufficient to counteract the recent negative price movement.

In the broader market context, the Sensex has shown a slight decline of 1.18% over the past week, indicating a challenging environment for stocks in general. However, Finolex's performance has been notably worse than the benchmark, particularly in the short term. The stock's delivery volume has also decreased significantly, falling by 53.82% against the five-day average, suggesting a drop in investor participation. Despite being liquid enough for trading, the overall sentiment appears negative, contributing to the stock's recent downward trend.
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