Why is Gita Renewable falling/rising?
As of 18-Nov, Gita Renewable Energy Ltd's stock is priced at Rs 98.00, down 1.06% and underperforming with a 3.87% decline over the last two days. The stock is trading below all major moving averages and is close to its 52-week low, reflecting a bearish trend amidst significant underperformance compared to the Sensex.
As of 18-Nov, Gita Renewable Energy Ltd's stock is currently priced at Rs 98.00, reflecting a decrease of Rs 1.05 or 1.06%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.87% during this period. It opened with a loss of 2.07% today and reached an intraday low of Rs 97. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, it is close to its 52-week low, being only 1.38% away from Rs 96.65. Despite a significant increase in delivery volume by 154.77% against the 5-day average, the overall performance remains weak, with year-to-date returns down by 34.88% compared to a positive 8.36% for the Sensex.In the broader market context, Gita Renewable's short-term performance has been notably poor, with a 1-week return of -2.44% compared to a positive return of 0.96% for the Sensex. This underperformance highlights a significant divergence from the broader market trends, which have been more favorable. The stock's long-term performance also shows a concerning trend, with a 1-year decline of 39.86% against the Sensex's gain of 9.48%. Overall, the combination of negative stock-specific factors and a lack of positive market sentiment contributes to the ongoing decline in Gita Renewable's stock price.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
