Why is Gautam Exim falling/rising?
As of 12-Nov, Gautam Exim Ltd's stock price is Rs 261.25, down 5.0% and underperforming its sector. The stock has shown erratic trading patterns and a significant drop in delivery volume, indicating challenges despite strong long-term performance.
As of 12-Nov, Gautam Exim Ltd's stock price is currently at Rs 261.25, reflecting a decline of Rs 13.75 or 5.0%. The stock has underperformed its sector by 5.92% today, opening with a loss of 5% and touching an intraday low of Rs 261.25. Additionally, the stock has shown erratic trading patterns, not trading on 3 out of the last 20 days. The delivery volume has significantly decreased, falling by 88.64% compared to the 5-day average, indicating a drop in investor participation. Over the past week and month, the stock has declined by 9.27% and 12.26%, respectively, while it has performed well year-to-date and over the longer term, with increases of 59.06% and 756.56% over three years.In the broader market context, the Sensex has shown a positive return of 1.21% over the past week and 2.38% over the past month, contrasting with Gautam Exim's negative performance during the same periods. This divergence suggests that while the overall market is experiencing gains, Gautam Exim is facing challenges that have led to its recent decline. The stock's performance relative to the benchmark indicates that it is not only struggling in the short term but also facing liquidity issues, as evidenced by the low trading volume.
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