Why is IGC Industries falling/rising?

Jul 02 2025 10:18 PM IST
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As of 02-Jul, IGC Industries Ltd's stock price is currently 4.04, up 1.25% today, but has declined 2.65% over the past week and 23.48% over the past month, indicating a bearish trend. The stock is underperforming compared to the Sensex, which has gained 0.79% weekly and 2.50% monthly, while IGC Industries has a year-to-date decline of 59.07%.
As of 02-Jul, IGC Industries Ltd is experiencing a price increase, with its current price at 4.04, reflecting a change of 0.05 or 1.25% upward. Despite this positive movement today, the stock has shown a significant decline over the past week, down 2.65%, and a staggering 23.48% over the past month. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 19.28% compared to the 5-day average, suggesting falling investor participation. There is no available information on positive or negative factors impacting the stock.

In the broader market context, IGC Industries' recent performance contrasts sharply with the benchmark Sensex, which has gained 0.79% over the past week and 2.50% over the past month. This underperformance is further highlighted by the year-to-date decline of 59.07% for IGC Industries, compared to a 6.75% increase in the Sensex. The stark difference in returns over various periods indicates that while the stock has seen a slight uptick today, it remains significantly weaker than the overall market trend.
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