Why is Newmalayalam St. falling/rising?

Sep 18 2025 11:56 PM IST
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As of 18-Sep, Newmalayalam Steel Ltd's stock price is at 33.30, down 6.46%, with a year-to-date decline of 56.87%. Despite a short-term gain of 1.99% over the past week, the stock has significantly underperformed compared to the Sensex.
As of 18-Sep, Newmalayalam Steel Ltd's stock price is currently at 33.30, reflecting a decrease of 2.3, or 6.46%. The stock has underperformed its sector today by 6.86%, and its delivery volume has significantly declined, with a 63.92% drop compared to the 5-day average. In terms of returns, the stock has experienced a negative performance over the past month, down 3.90%, and a substantial year-to-date decline of 56.87%. 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, Newmalayalam Steel Ltd's short-term performance over the past week shows a gain of 1.99%, which is better than the Sensex's increase of 1.67%. However, the stock's longer-term performance is concerning, as it has significantly lagged behind the benchmark with a year-to-date decline of 56.87% compared to the Sensex's gain of 7.52%. This stark contrast highlights the challenges faced by Newmalayalam Steel Ltd in maintaining investor confidence and market participation.
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