Why is Neelam Linens falling/rising?

Sep 19 2025 11:52 PM IST
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As of 19-Sep, Neelam Linens and Garments (India) Ltd's stock price is at 21.20, down 3.64%, and has significantly underperformed the market with a year-to-date decline of 62.84%. The stock shows weak investor participation and remains below key moving averages, indicating ongoing challenges.
As of 19-Sep, Neelam Linens and Garments (India) Ltd is experiencing a decline in its stock price, currently at 21.20, reflecting a decrease of 0.8 or 3.64%. The stock has underperformed its sector today by 3.84%, and while it is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on 18 September falling by 73.68% compared to the 5-day average. Over the past month, the stock has seen a substantial decline of 22.91%, and year-to-date, it has plummeted by 62.84%. Unfortunately, there is no positive or negative dashboard data available to provide further insights into the factors influencing this movement.

In the broader market context, the stock's short-term performance over the past week shows a gain of 2.91%, which contrasts with the Sensex's increase of 0.85%. However, the stock's longer-term performance is concerning, as it has significantly underperformed the benchmark, with a year-to-date decline of 62.84% compared to the Sensex's gain of 7.11%. This stark difference highlights the challenges Neelam Linens is facing in the current market environment, contributing to the downward pressure on its stock price.
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