Why is New Light Indust falling/rising?

Nov 18 2025 11:20 PM IST
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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%.
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