Why is Olectra Greentec falling/rising?

Aug 08 2025 10:51 PM IST
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As of 08-Aug, Olectra Greentech Ltd's stock price is 1,410.50, down 2.68% today, with a 4.09% intraday low. Despite strong long-term gains, recent performance shows a decline against benchmarks and sector trends, indicating a challenging environment.
As of 08-Aug, Olectra Greentech Ltd's stock price is currently at 1,410.50, reflecting a decline of 38.8 points or 2.68%. Today's price summary indicates that the stock touched an intraday low of Rs 1390, which represents a drop of 4.09%. The trading volume has also decreased, with delivery volume falling by 10.52% compared to the 5-day average. In terms of performance against benchmarks, the stock has experienced a 2.31% decline over the past week, while it has shown a significant increase of 16.16% over the past month. However, the year-to-date return is down by 2.49%, and the stock has decreased by 9.17% over the past year. There is no information available regarding positive or negative factors affecting the stock.

Broader market context shows that the Sensex has declined by 0.92% over the past week, indicating that the stock's short-term performance is worse than the benchmark. The sector in which Olectra operates, specifically Automobiles-Trucks/Lcv, has also seen a decline of 2.75%, suggesting that broader sector trends may be influencing the stock's performance. Despite the stock's strong long-term returns, including a 132.76% increase over three years and a remarkable 2105.63% rise over five years, the recent short-term movements indicate a challenging environment for Olectra Greentech Ltd.
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