Why is New Swan falling/rising?

Jul 18 2025 10:58 PM IST
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As of 18-Jul, New Swan Multitech Ltd's stock price is Rs 70.90, up 3.35%, and has outperformed its sector and the Sensex over various timeframes. Despite a decline in investor participation, the stock shows a positive trend relative to the broader market.
As of 18-Jul, New Swan Multitech Ltd's stock price is currently at Rs 70.90, reflecting an increase of Rs 2.3 or 3.35%. The stock has shown positive performance today, outperforming its sector by 4.44% and opening with a gain of 2.04%. It reached an intraday high of Rs 70.90, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 55.88% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, New Swan's short-term performance has been strong, with a 1-week return of 2.60%, significantly outperforming the Sensex, which has declined by 0.90% during the same period. Over the past month, New Swan has also outperformed the benchmark, with a return of 3.50% compared to the Sensex's modest gain of 0.38%. Year-to-date, the stock has risen by 8.28%, while the Sensex has increased by 4.63%. This indicates that despite some challenges, New Swan Multitech Ltd is currently experiencing a positive trend relative to the broader market.
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