Why is Goyal Salt falling/rising?

Sep 11 2025 11:28 PM IST
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As of 11-Sep, Goyal Salt Ltd's stock price is at 174.50, down 0.82%, and has underperformed its sector. Despite a recent modest gain, its year-to-date performance is negative at -9.11%, contrasting with the Sensex's positive return.
As of 11-Sep, Goyal Salt Ltd's stock price is currently at 174.50, reflecting a decrease of 1.45, or 0.82%. The stock has underperformed its sector today by 0.7%, and while it is above the 20-day, 50-day, and 100-day moving averages, it is below the 5-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 75% compared to the 5-day average. Over the past week, the stock has shown a modest gain of 0.87%, but it has underperformed over the year, with a decline of 12.09% compared to a slight increase in the benchmark Sensex.

In the broader market context, the Sensex has increased by 1.10% over the past week, indicating that the stock's recent performance is lagging behind the overall market trend. While Goyal Salt has seen a positive return of 7.72% over the past month, its year-to-date performance remains negative at -9.11%, contrasting sharply with the Sensex's positive return of 5.75% in the same period. This disparity suggests that while there may be some short-term recovery, the stock is struggling to maintain momentum compared to the broader market, contributing to its current decline.
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