Why is Gayatri Rubbers falling/rising?
As of 06-Aug, Gayatri Rubbers and Chemicals Ltd's stock price is 409.45, down 1.1%, with a week decline of 5.02% and a year-to-date drop of 9.81%. Despite recent underperformance, it has increased by 11.46% over the past year, and investor interest is rising with a 53.85% increase in delivery volume.
As of 06-Aug, Gayatri Rubbers and Chemicals Ltd is experiencing a decline in its stock price, currently at 409.45, which reflects a decrease of 4.55 or 1.1%. The stock has underperformed its sector today by 1%, and it has shown erratic trading patterns, not trading on 2 out of the last 20 days. The stock opened at 409.45 and has not fluctuated from this price. In terms of returns, the stock has decreased by 5.02% over the past week and 2.97% over the past month, while it has a year-to-date decline of 9.81%. However, it has performed positively over the past year with an increase of 11.46%. Notably, there has been a rise in investor participation, with delivery volume increasing by 53.85% against the 5-day average, indicating some interest despite the overall decline.In the broader market context, the Sensex has decreased by 1.13% over the past week and 3.48% over the past month, which suggests that the market is facing some downward pressure. While Gayatri Rubbers has underperformed relative to the benchmark in the short term, it has outperformed the Sensex over the past year. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value. However, the lack of available positive or negative factors in the dashboard limits a comprehensive understanding of the specific influences on the stock's recent movement.
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