Why is Goyal Associates falling/rising?

Sep 19 2025 11:13 PM IST
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As of 19-Sep, Goyal Associates Ltd's stock price is Rs 1.05, down 3.67%, with significant underperformance reflected in a 1-week return of -0.94% and a year-to-date decline of -32.26%. The stock is trading below key moving averages and near its 52-week low, indicating a bearish trend amidst a resilient broader market.
As of 19-Sep, Goyal Associates Ltd is experiencing a decline in its stock price, currently at Rs 1.05, which reflects a decrease of Rs 0.04 or 3.67%. The stock has underperformed significantly, with a 1-week return of -0.94% and a 1-month return of -4.55%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 2.86% away from Rs 1.02. Despite a rise in delivery volume by 30.79% on September 18, the overall performance remains weak, and there are no positive factors available to counterbalance the negative trends.

In the broader market context, the Sensex has shown resilience with a 1-week gain of +0.88% and a 1-month gain of +1.20%, contrasting sharply with Goyal Associates' poor performance. The stock's year-to-date decline of -32.26% further highlights its struggles compared to the benchmark's positive return of +5.74%. This significant underperformance against the market suggests that investor sentiment towards Goyal Associates is weak, contributing to the downward pressure on its stock price.
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