Why is Goblin India falling/rising?

Jul 01 2025 10:20 PM IST
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As of 01-Jul, Goblin India Ltd's stock price is at 18.74, up 1.63% recently, but has declined significantly over the year by 55.69%. Despite a short-term rally and increased investor participation, the stock has underperformed compared to the broader market trends.
As of 01-Jul, Goblin India Ltd's stock price is currently at 18.74, reflecting an increase of 0.3, or 1.63%. The stock has shown a positive trend recently, gaining 4.11% over the last two days and outperforming its sector by 2.2% today. Despite this short-term gain, the stock has experienced significant declines over longer periods, with a year-to-date drop of 40.51% and a one-year decline of 55.69%. The stock's recent performance is supported by rising investor participation, as evidenced by a 20% increase in delivery volume compared to the five-day average. However, it is important to note that there is no information available regarding positive or negative factors that could further explain the stock's movement.

Broader Market Context: In comparison to the benchmark Sensex, Goblin India Ltd's short-term performance over the past week shows a slight underperformance, with the stock gaining 1.85% while the Sensex increased by 2.00%. Over the past month, the stock has declined by 7.23%, contrasting with the Sensex's gain of 2.76%. This indicates that while the stock is experiencing a brief rally, it has struggled significantly in the longer term against the broader market trends. The stock's moving averages suggest it is currently higher than the five-day average but remains below the longer-term averages, indicating mixed signals regarding its overall trend.
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