Why is Narmada Macplast falling/rising?

Oct 17 2025 11:23 PM IST
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As of 17-Oct, Narmada Macplast Drip Irrigation Systems Ltd has seen a significant price increase to Rs. 32.95, up 109.74%, and has gained 1525.15% over the last 10 days, outperforming its sector by 110.08%. The stock's remarkable performance is attracting strong investor interest, despite no specific factors identified influencing this movement.
As of 17-Oct, Narmada Macplast Drip Irrigation Systems Ltd is experiencing a significant price increase, with its current price at Rs. 32.95, reflecting a change of 17.24 (109.74%) upwards. The stock has reached a new 52-week high today and has been on a remarkable upward trajectory, gaining 1525.15% over the last 10 days. Additionally, it has shown extraordinary returns over various periods, including a staggering 3082.96% year-to-date and 6692.41% over the past year. The stock's performance today has outpaced its sector by 110.08%, and there has been a notable increase in investor participation, with delivery volume rising by 25.97% compared to the 5-day average.

In the broader market context, while the Sensex has only increased by 1.76% over the past week, Narmada Macplast has surged by 154.74% in the same timeframe, indicating a strong divergence in performance. This substantial outperformance suggests that the stock is attracting significant investor interest, likely driven by positive sentiment and momentum in its recent trading activity. The stock's liquidity remains adequate for trading, further supporting its price rise. However, there is no information available regarding any specific positive or negative factors that could be influencing this movement.
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