Why is Lakhotia Poly. falling/rising?

Sep 05 2025 09:08 PM IST
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As of 05-September, Lakhotia Polyesters (India) Ltd's stock price has declined to Rs 50.06, down 4.97%, following eight days of gains. Despite this drop, the stock has performed well over the past year, with a 56.39% return, and remains above key moving averages, indicating a generally positive trend prior to the recent correction.
As of 05-September, Lakhotia Polyesters (India) Ltd is experiencing a decline in its stock price, currently at Rs 50.06, which represents a decrease of Rs 2.62 or 4.97%. The stock has underperformed its sector by 4.53% today and has fallen after eight consecutive days of gains. It touched an intraday low of Rs 50.05, indicating a significant drop. Despite this decline, the stock has shown strong performance over various periods, with a 1-week return of 27.38% and a 1-year return of 56.39%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend prior to this drop. There is no information available regarding positive or negative factors impacting the stock.

Broader market context indicates that while Lakhotia Polyesters has seen impressive returns over the past year and beyond, its recent performance contrasts sharply with the benchmark Sensex, which has only gained 1.13% over the past week and is flat over the past month. The stock's recent decline may reflect a natural correction after a period of strong gains, as evidenced by the significant rise in delivery volume prior to this drop. The liquidity of the stock remains adequate for trading, which may help stabilize its price in the near term.
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