Why is Gita Renewable falling/rising?

Sep 12 2025 10:12 PM IST
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As of 12-Sep, Gita Renewable Energy Ltd's stock price is Rs 109.85, down 1.88%, and has underperformed its sector by 2.81%. The stock is in a bearish trend, trading below all key moving averages, with a year-to-date decline of 27.01%, contrasting with the Sensex's positive performance.
As of 12-Sep, Gita Renewable Energy Ltd is experiencing a decline in its stock price, currently at Rs 109.85, which reflects a decrease of Rs 2.1 or 1.88%. The stock has underperformed its sector by 2.81% today, having touched an intraday low of Rs 109.5. Additionally, Gita Renewable is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.48%, and it has shown a significant year-to-date decline of 27.01%. The delivery volume has also fallen by 34.17% compared to the 5-day average, suggesting a decrease in investor participation, which may further contribute to the downward pressure on the stock price.

In the broader market context, the Sensex has increased by 1.48% over the past week, contrasting sharply with Gita Renewable's performance. This divergence indicates that while the overall market is experiencing gains, Gita Renewable is struggling significantly, with a year-to-date return of -27.01% compared to the Sensex's positive 4.82%. The stark difference in performance highlights the challenges faced by Gita Renewable in attracting investor interest and maintaining liquidity, as evidenced by its current trading activity.
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