Why is Olympic Oil Ind. falling/rising?

Sep 25 2025 09:46 PM IST
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As of 25-Sep, Olympic Oil Industries Ltd is currently priced at Rs 33.60, reflecting a 5.0% increase, and has outperformed its sector recently. However, despite short-term gains, its year-to-date performance remains negative at -9.43%, indicating ongoing long-term challenges.
As of 25-Sep, Olympic Oil Industries Ltd is experiencing a price increase, currently at Rs 33.60, reflecting a rise of 1.6 (5.0%). The stock has shown strong performance today, outperforming its sector by 7.13% and has been on a consecutive gain for the last two days, accumulating a total return of 6.6% during this period. Additionally, the stock opened with a gain of 5% today and reached an intraday high of Rs 33.60. However, it is noteworthy that the delivery volume has significantly decreased, falling by 96.07% against the 5-day average, indicating a drop in investor participation. The stock's performance over the past week shows a return of +2.78%, while the year-to-date performance remains negative at -9.43%.

In the broader market context, the Sensex has declined by 2.23% over the past week, contrasting with Olympic Oil Industries' positive short-term return. This indicates that the stock is performing well relative to the benchmark index. Despite the recent gains, the stock's year-to-date performance is still down by 9.43%, suggesting that while there may be short-term momentum, longer-term challenges remain. The stock's moving averages indicate it is currently higher than the 5-day, 20-day, and 50-day averages, but lower than the 100-day and 200-day averages, which may reflect mixed investor sentiment in the longer term.
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