Why is Omax Autos falling/rising?

Nov 03 2025 09:46 PM IST
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As of 03-Nov, Omax Autos Ltd's stock price is Rs 99.95, down 10.0% and has lost 18.87% over the last four days. The stock is trading below key moving averages with decreased investor participation, significantly underperforming compared to the Sensex.
As of 03-Nov, Omax Autos Ltd is experiencing a decline in its stock price, currently at Rs 99.95, reflecting a decrease of Rs 11.1 or 10.0%. The stock has been on a downward trend, having lost 18.87% over the last four days and opening today with a significant gap down of 9.86%. It is trading below all key moving averages, indicating a bearish sentiment. Additionally, investor participation has notably decreased, with delivery volume dropping by 89.54% compared to the five-day average. There is no information available regarding positive or negative factors that could influence the stock's movement.

In the broader market context, Omax Autos has underperformed significantly compared to the benchmark Sensex, which has only declined by 0.94% over the past week while Omax Autos has dropped by 17.36%. Over the past month, Omax Autos has seen a substantial decline of 26.24%, contrasting sharply with the Sensex's gain of 3.41%. This stark difference highlights the stock's struggles relative to the overall market performance, contributing to the negative sentiment surrounding Omax Autos.
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