Why is Fraser & Company falling/rising?

Sep 04 2025 09:58 PM IST
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As of 04-September, Fraser and Company Ltd's stock price is 8.35, having increased by 1.46% over the last two days, but it has declined 4.02% over the past week and 9.63% over the past month. The stock's recent rise may be a short-term correction, as indicated by a significant drop in delivery volume and underperformance compared to the broader market.
As of 04-September, Fraser and Company Ltd's stock price is currently at 8.35, reflecting an increase of 0.12, or 1.46%. The stock has been gaining for the last two days, with a total return of 5.7% during this period. However, it has underperformed in the longer term, with a decline of 4.02% over the past week and 9.63% over the past month. The stock is currently trading above its 5-day and 100-day moving averages but below its 20-day, 50-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 65.74% against the 5-day average, indicating reduced trading interest.

In the broader market context, the Sensex has shown a slight increase of 0.80% over the past week, contrasting with Fraser and Company’s decline during the same period. While the stock has performed well year-to-date with a gain of 2.71%, it lags behind the Sensex's 3.30% increase. The stock's recent performance suggests a temporary rebound, but the significant drop in delivery volume could signal caution among investors, potentially impacting future price movements. Overall, the stock's recent rise appears to be a short-term correction amidst a longer-term trend of underperformance relative to the benchmark.
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