Why is Olympia Industri falling/rising?
As of 05-Aug, Olympia Industries Ltd's stock price is declining at 38.58, down 1.08% today and 3.31% over the last two days. The stock has underperformed significantly against its sector and the benchmark, with year-to-date and one-year declines of 18.86% and 31.68%, respectively.
As of 05-Aug, Olympia Industries Ltd is experiencing a decline in its stock price, currently at 38.58, which represents a decrease of 0.42 or 1.08%. The stock has underperformed its sector by 1.99% today and has been on a consecutive fall for the last two days, resulting in a total decline of 3.31% during this period. Additionally, the stock has shown negative returns over various time frames, including a year-to-date drop of 18.86% and a one-year decline of 31.68%. The stock's delivery volume has significantly decreased, falling by 91.56% against the 5-day average, indicating a reduction in investor participation. 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, Olympia Industries' short-term performance has been slightly worse than the benchmark, with a 1-week return of -0.82% compared to the Sensex's -0.77%. This trend of underperformance continues over the past month, where the stock has declined by 4.74%, while the benchmark has only fallen by 3.26%. The stark contrast in year-to-date performance, with the stock down 18.86% against the Sensex's gain of 3.29%, further highlights the challenges Olympia Industries is facing in the current market environment.
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