Why is Gourmet Gateway falling/rising?

Jun 24 2025 09:19 PM IST
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As of 24-Jun, Gourmet Gateway India Ltd's stock price is Rs 17.89, down 7.26%. The stock has significantly underperformed its sector and the broader market, with a year-to-date decline of 26.95% and a substantial drop of 64.31% over the past year.
As of 24-Jun, Gourmet Gateway India Ltd's stock price is currently at Rs 17.89, reflecting a decline of Rs 1.4 or 7.26%. Today's price summary indicates that the stock opened with a gain of 2.07% but subsequently fell to its current price, marking a significant intraday low. The stock has underperformed its sector by 8.18%, and the trading volume has decreased sharply, with delivery volume falling by 70.73% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 64.31%, while it has increased by 434.03% over the past five years. However, it is currently trading lower than its 5-day, 20-day, and 200-day moving averages, which suggests a bearish trend.

In the broader market context, the Sensex has shown a positive return of 0.58% over the past week, contrasting with Gourmet Gateway's decline of 12.30% during the same period. This indicates that the stock is not only underperforming its sector but also lagging behind the overall market performance. Year-to-date, while the Sensex has gained 5.01%, Gourmet Gateway has dropped by 26.95%, further highlighting its struggles in the current market environment. The lack of available positive or negative factors also suggests that there may be no significant news or developments influencing the stock's recent performance.
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