Why is Gujarat Hy-Spin falling/rising?
As of 12-Sep, Gujarat Hy-Spin Ltd's stock price is at 25.00, down 3.29% and has underperformed its sector and the broader market recently, despite a strong year-to-date gain of 20.48%. The stock's recent decline and negative momentum suggest potential short-term weakness.
As of 12-Sep, Gujarat Hy-Spin Ltd's stock price is currently at 25.00, reflecting a decrease of 0.85, or 3.29%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.85%. In the context of recent performance, the stock has underperformed its sector by 6.86% today and has shown a negative return of 4.76% over the past week. While the stock has performed well year-to-date with a gain of 20.48% and an impressive 85.19% increase over the past year, the recent downturn indicates a shift in momentum. Notably, the stock's moving averages indicate it is higher than the 50-day, 100-day, and 200-day averages but lower than the 5-day and 20-day averages, suggesting a potential short-term weakness. There is no available information regarding positive or negative factors impacting the stock.Broader Market Context: In comparison to the benchmark, the Sensex has gained 1.48% over the past week, while Gujarat Hy-Spin Ltd has declined by 4.76%, highlighting a significant underperformance relative to the broader market. Additionally, the textile machinery sector has seen a positive movement, gaining 3.62%, which contrasts with Gujarat Hy-Spin's recent struggles. Despite a strong year-to-date performance, the stock's recent declines and underperformance against both its sector and the benchmark indicate a challenging environment for investors.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
