Why is New Light Indust falling/rising?
As of 18-Nov, New Light Industries Ltd is priced at 1.63, showing a slight increase but underperforming with a 1-week return of -4.12% and a year-to-date decline of -87.02%. Despite increased investor participation, the stock remains below key moving averages and has not attracted investor confidence compared to the benchmark Sensex.
As of 18-Nov, New Light Industries Ltd is currently priced at 1.63, reflecting a slight increase of 0.01 or 0.62%. The stock has been underperforming in the short term, with a 1-week return of -4.12% and a 1-month return of -8.43%. Despite today's performance showing an outperformance against its sector by 0.37%, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 92.62% compared to the 5-day average, indicating a potential shift in interest. However, there are no positive or negative factors explicitly mentioned that could further clarify the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has shown a positive return of +0.96% over the past week, New Light Industries Ltd's performance has been notably weaker. The broader market has also posted a year-to-date return of +8.36%, while New Light Industries has not provided year-to-date data. This stark contrast highlights the challenges faced by New Light Industries in attracting investor confidence, particularly as it has experienced a significant decline of -87.02% over the past year, while the benchmark has gained +9.48%.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
