Why is Natl. Oxygen falling/rising?

Nov 18 2025 10:28 PM IST
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As of 18-Nov, National Oxygen Ltd's stock price is Rs 120.20, down 3.8% and underperforming its sector. Despite short-term gains, the stock is down 10.20% year-to-date and significantly lags behind the broader market's performance.
As of 18-Nov, National Oxygen Ltd's stock price is currently at Rs 120.20, reflecting a decline of Rs 4.75 or 3.8%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.68% during this period. Today's performance indicates that the stock underperformed its sector by 3.13%. Additionally, the stock's trading volume has decreased significantly, with a 29.53% drop in delivery volume compared to the five-day average. While the stock has shown positive returns over the past week and month, it remains down 10.20% year-to-date and 4.18% over the past year, indicating a challenging longer-term performance.

In the broader market context, the Sensex has shown a modest increase of 0.96% over the past week and 0.86% over the past month, contrasting with National Oxygen's stronger short-term performance of 6.32% and 9.47%, respectively. However, the stock's year-to-date and one-year returns are significantly lagging behind the benchmark, which has gained 8.36% and 9.48% respectively. This disparity suggests that while the stock has had some short-term gains, its overall performance is not keeping pace with the broader market, contributing to the recent decline in price.
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