Why is Gayatri Rubbers falling/rising?
As of 24-Sep, Gayatri Rubbers and Chemicals Ltd's stock price has declined to Rs 352.40, down 5.52%, and is near its 52-week low. The stock has significantly underperformed its sector and the benchmark Sensex, with a year-to-date drop of 22.38%.
As of 24-Sep, Gayatri Rubbers and Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 352.40, which reflects a decrease of Rs 20.6 or 5.52%. The stock is trading close to its 52-week low, just 0.65% away from Rs 350.1. Today's performance indicates that the stock has underperformed its sector by 6.24%. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock has also seen a significant drop in investor participation, with delivery volume falling by 76.19% compared to the 5-day average. There is no information available regarding positive or negative factors impacting the stock.In terms of broader market context, Gayatri Rubbers has underperformed relative to the benchmark index, the Sensex, with a 1-week return of -7.26% compared to the Sensex's -1.08%. Over the past month, the stock has declined by 9.64%, while the Sensex has gained 0.75%. Year-to-date, Gayatri Rubbers has seen a substantial drop of 22.38%, contrasting sharply with the Sensex's increase of 5.97%. This significant underperformance highlights the challenges faced by the company in the current market environment.
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