Why is Gourmet Gateway falling/rising?

Jul 02 2025 09:21 PM IST
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As of 02-Jul, Gourmet Gateway India Ltd is priced at 18.40, down 1.6%, and has underperformed its sector. Despite a recent weekly gain of +3.37%, the stock has significant year-to-date and yearly declines of 24.87% and 61.90%, respectively, indicating ongoing struggles in a generally positive market.
As of 02-Jul, Gourmet Gateway India Ltd is currently priced at 18.40, reflecting a decline of 0.3, or 1.6%. The stock has underperformed its sector today by 0.37% and has experienced a trend reversal, falling after two consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased by 66.25% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has shown a return of +3.37%, but it has underperformed over the longer term, with a year-to-date decline of 24.87% and a staggering 61.90% drop over the past year. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the Sensex has increased by 0.79% over the past week, while Gourmet Gateway's performance of +3.37% indicates it has outperformed the benchmark in this short timeframe. However, when looking at the month, the stock's return of +0.60% is significantly lower than the Sensex's +2.50%. This discrepancy highlights the stock's struggles in the face of a generally positive market environment, particularly given its substantial year-to-date and yearly declines compared to the Sensex's gains of 6.75% and 5.00%, respectively.
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