Why is Natl. Oxygen falling/rising?

Oct 23 2025 10:15 PM IST
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As of 23-Oct, National Oxygen Ltd's stock price is Rs 107.00, down 2.37%, and has underperformed its sector and the broader market significantly, with a year-to-date decline of 20.06%. The stock is trading below key moving averages, indicating a bearish trend and declining investor interest.
As of 23-Oct, National Oxygen Ltd's stock price is currently at Rs 107.00, reflecting a decrease of Rs 2.6 or 2.37%. The stock has underperformed its sector by 2.11% today, with an intraday high of Rs 111.95 and a low of Rs 105.3. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline over various periods, with a year-to-date drop of 20.06% and a one-month decrease of 7.00%. There is a noted decline in investor participation, as evidenced by a 1.23% drop in delivery volume compared to the five-day average, suggesting waning interest among investors.

Broader market context indicates that while the Sensex has gained 1.30% over the past week and 2.99% over the past month, National Oxygen Ltd has experienced a decline of 2.82% and 7.00% respectively in the same periods. This stark contrast highlights the stock's underperformance relative to the broader market, which may be contributing to the negative sentiment surrounding the stock. The lack of available positive factors further emphasizes the challenges faced by National Oxygen Ltd in the current market environment.
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