Why is Gujarat Winding falling/rising?
As of 22-Jul, Gujarat Winding Systems Ltd's stock price is at 7.03, down 4.22%, with a significant drop in delivery volume and underperformance compared to its sector and the benchmark Sensex. The stock has declined 7.62% over the past month and 7.38% year-to-date, indicating negative investor sentiment.
As of 22-Jul, Gujarat Winding Systems Ltd is experiencing a decline in its stock price, currently at 7.03, which reflects a decrease of 0.31 or 4.22%. The stock has underperformed its sector by 3.57% today, and its delivery volume has significantly dropped by 82.14% compared to the 5-day average, indicating falling investor participation. Over the past month, the stock has decreased by 7.62%, while year-to-date it has declined by 7.38%. The stock is currently trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's performance over the past week has been flat at 0.00%, while the benchmark Sensex has decreased by 0.47%. This suggests that while the stock has not moved in the short term, it is still lagging behind the benchmark. The year-to-date performance shows a stark contrast, with the Sensex gaining 5.18% while Gujarat Winding has lost value. This underperformance relative to the benchmark and the significant drop in trading volume may contribute to the negative sentiment surrounding the stock.
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