Why is New Swan falling/rising?

Sep 09 2025 11:17 PM IST
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As of 09-Sep, New Swan Multitech Ltd's stock price is at 70.00, showing a slight decrease of -0.01%. The stock has experienced erratic trading, with increased investor participation, but has underperformed compared to the benchmark Sensex over the past year.
As of 09-Sep, New Swan Multitech Ltd's stock price is currently at 70.00, reflecting a slight decrease of -0.01, or -0.01%. The stock's performance today is described as inline with the sector, although it has experienced erratic trading, having not traded on one day out of the last 20. The stock's moving averages indicate that it is higher than the 100-day and 200-day averages but lower than the 5-day, 20-day, and 50-day averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 250% against the 5-day average. However, 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 return over the past week is flat at +0.00%, while the benchmark Sensex has increased by +1.18%. Over the past month, New Swan's stock has declined by -1.07%, contrasting with the Sensex's gain of +1.56%. Year-to-date, New Swan has outperformed the benchmark with a return of +6.90% compared to the Sensex's +3.79%. However, over the past year, New Swan has seen a significant decline of -13.47%, while the Sensex has remained relatively stable with a decrease of only -0.56%. This disparity in performance may indicate underlying challenges for New Swan compared to the broader market.
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