Why is Indian Link Ch. falling/rising?

Jul 10 2025 08:58 PM IST
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As of 10-Jul, Indian Link Chain Manufacturers Ltd's stock price is Rs 893.85, down 2.0% after three consecutive days of decline totaling 5.87%. Despite a strong year-on-year return of 327.99%, recent underperformance and a significant drop in delivery volume indicate reduced investor confidence.
As of 10-Jul, Indian Link Chain Manufacturers Ltd is experiencing a decline in its stock price, currently at Rs 893.85, which represents a decrease of Rs 18.2 or 2.0%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 5.87% during this period. Today, it opened with a loss of 2% and reached an intraday low of Rs 893.85. Additionally, the stock's delivery volume has significantly decreased, falling by 99.79% compared to its 5-day average, indicating a drop in investor participation. Over the past week, the stock has underperformed the sector by 2.6%, while its performance over the last month shows a substantial increase of 37.04%, contrasting with the Sensex's modest gain of 0.97%.

In the broader market context, the stock's recent short-term performance has been notably weaker than the benchmark, as it has declined by 2.07% over the past week compared to a negligible drop of 0.06% in the Sensex. This underperformance highlights a divergence in momentum, particularly given the stock's impressive year-on-year return of 327.99% against the Sensex's 4.09%. Despite the strong long-term performance, the current downward trend and reduced liquidity may be causing concern among investors, contributing to the stock's recent price decline.
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