Why is Gandhi Spl. Tube falling/rising?

Sep 24 2025 09:06 PM IST
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As of 24-Sep, Gandhi Special Tubes Ltd is priced at 905.00, down 1.37%, and has underperformed its sector and the benchmark Sensex recently. Despite a strong long-term performance, a significant drop in delivery volume suggests declining investor confidence.
As of 24-Sep, Gandhi Special Tubes Ltd is currently priced at 905.00, reflecting a decrease of 12.55, or 1.37%. The stock has been underperforming, having fallen for the last two days with a total decline of 2.54%. Additionally, the stock's performance today has underperformed its sector by 1.24%. Over the past week, the stock has seen a decline of 5.76%, although it has shown a positive return of 16.83% over the past month. Year-to-date, the stock is up 14.86%, and it has performed well over longer periods, with a 3-year return of 95.70% and a 5-year return of 350.70%. However, there is a notable decrease in investor participation, with delivery volume falling by 38.67% compared to the 5-day average, indicating a potential lack of interest or confidence among investors.

Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.18% over the past week, Gandhi Special Tubes Ltd's performance is worse, suggesting that the stock is facing specific challenges beyond the general market trend. While the stock has outperformed the Sensex over longer periods, the recent short-term underperformance indicates a shift in sentiment. The liquidity of the stock remains adequate for trading, but the falling delivery volume may signal caution among investors, which could further contribute to the stock's recent price decline.
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