Why is Newmalayalam St. falling/rising?
As of 26-Sep, Newmalayalam Steel Ltd's stock price is 32.00, down 1.99%. The stock has significantly underperformed the market, with a year-to-date decline of 58.55%, contrasting with a 4.27% increase in the Sensex.
As of 26-Sep, Newmalayalam Steel Ltd's stock price is currently at 32.00, reflecting a decrease of 0.65, or 1.99%. The stock's performance today is in line with the sector, but it has shown a significant decline over the past week, down 7.38%, and 3.03% over the past month. The stock is trading higher than its 50-day and 100-day moving averages, but lower than its 5-day, 20-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 42.31% against the 5-day average. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, Newmalayalam Steel Ltd's recent performance contrasts sharply with the benchmark Sensex, which has declined only 2.65% over the past week and 0.23% over the past month. The stock's year-to-date performance is particularly concerning, showing a decline of 58.55%, while the Sensex has increased by 4.27% during the same period. This stark difference indicates that the stock is underperforming relative to the broader market, contributing to its recent price decline.
{{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
