Why is Neelam Linens falling/rising?

Jun 06 2025 03:17 PM IST
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As of 05-June, Neelam Linens and Garments (India) Ltd is priced at 26.90, with no change in stock price and a year-to-date decline of 52.85%. The stock has underperformed its sector and the broader market, reflecting significant challenges in investor participation and overall performance.
As of 05-June, Neelam Linens and Garments (India) Ltd is currently priced at 26.90, showing no change (0.00%) in its stock price. The stock has underperformed its sector by 1.07% today and has experienced a significant decline in investor participation, with delivery volume dropping by 58.33% compared to the 5-day average. Over the past week, the stock has decreased by 5.94%, and it has seen a substantial year-to-date decline of 52.85%. The stock is currently trading higher than its 50-day moving average but lower than the 5-day, 20-day, 100-day, and 200-day moving averages, indicating mixed performance in terms of short-term trends.

In the broader market context, the Sensex has shown a slight decline of 0.33% over the past week, while Neelam Linens has significantly underperformed during this period. The stock's year-to-date performance contrasts sharply with the Sensex's gain of 4.68%, highlighting the challenges faced by Neelam Linens in the current market environment. The absence of any positive factors in the dashboard further emphasizes the stock's struggles, as it continues to lag behind both its sector and the broader market.
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