Why is Gagan Gases falling/rising?

Oct 20 2025 09:35 PM IST
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As of 20-October, Gagan Gases Ltd's stock price is at 25.07, down 4.97% and has declined 8.67% over the last three days. Despite a strong long-term performance, the stock has underperformed against market benchmarks recently.
As of 20-October, Gagan Gases Ltd's stock price is currently at 25.07, reflecting a decline of 1.31, or 4.97%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.67% during this period. Today, it opened with a loss of 4.85% and reached an intraday low of Rs 25.07, although it did touch a high of Rs 27.65 earlier in the day. In terms of performance against benchmarks, the stock has shown a 1-week decline of 5.04%, while it has performed positively over the longer term, with a 3-year return of 118.19% and a 5-year return of 377.52%. However, there is no information available regarding positive or negative factors impacting the stock.

Broader market context indicates that Gagan Gases Ltd's recent performance has been notably weaker compared to the Sensex, which has gained 2.47% over the past week. This stark contrast highlights the stock's struggles in the short term, particularly as it has underperformed its sector by 5.05% today. Despite a positive year-to-date return of 3.38%, the stock's recent downturn suggests a lack of momentum compared to the broader market, which has seen a 7.97% increase year-to-date. The rising investor participation, indicated by a significant increase in delivery volume, may suggest some underlying interest, but it has not translated into positive price movement in the short term.
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