Why is Namo eWaste falling/rising?

Aug 29 2025 11:12 PM IST
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As of 29-Aug, Namo eWaste Management Ltd's stock price is declining at 162.45, down 3.96%, and has underperformed its sector significantly. The stock has dropped 22.79% year-to-date, contrasting sharply with the Sensex's gain of 3.31%.
As of 29-Aug, Namo eWaste Management Ltd is experiencing a decline in its stock price, currently at 162.45, which represents a decrease of 6.7 or 3.96%. The stock has underperformed its sector by 4.52% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has significantly dropped by 46.43% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has fallen by 7.41%, and over the past month, it has declined by 15.61%, while year-to-date, it is down 22.79%. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.
In the broader market context, the Sensex has shown a decline of 1.78% over the past week and 1.59% over the past month, while Namo eWaste's performance has been significantly worse in comparison. The stock's year-to-date performance of -22.79% contrasts sharply with the Sensex's gain of 3.31%, highlighting a stark underperformance relative to the benchmark. This suggests that while the overall market has faced some challenges, Namo eWaste is struggling even more, contributing to its falling stock price.
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