Why is Neelam Linens falling/rising?

Sep 12 2025 11:39 PM IST
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As of 12-Sep, Neelam Linens and Garments (India) Ltd's stock price is at 20.60, down 3.06%, and has significantly underperformed the market with a year-to-date decline of 63.89%. The stock is trading below all major moving averages, indicating weak investor sentiment and participation.
As of 12-Sep, Neelam Linens and Garments (India) Ltd is experiencing a decline in its stock price, currently at 20.60, which represents a decrease of 0.65 or 3.06%. The stock has underperformed its sector by 2.48% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 9.09% compared to the 5-day average. The stock's performance over the past week shows a slight decline of 0.24%, and over the past month, it has decreased by 2.14%. Year-to-date, the stock has plummeted by 63.89%, while the benchmark Sensex has gained 6.21%. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.

In the broader market context, Neelam Linens' recent performance contrasts sharply with the benchmark Sensex, which has increased by 1.51% over the past week and 2.56% over the past month. This underperformance indicates that investor sentiment towards Neelam Linens is weak compared to the overall market, contributing to its declining stock price. The significant year-to-date decline of 63.89% further highlights the challenges the company faces in attracting investor confidence, especially when juxtaposed against the positive performance of the Sensex.
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