Why is Opal Luxury falling/rising?

Jun 06 2025 02:42 PM IST
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As of 05-Jun, Opal Luxury Time Products Ltd is priced at 43.00 with no recent price movement, down 46.25% over five years compared to the Sensex's 144.04% gain. The stock has hit a new low and has shown erratic trading behavior, underperforming significantly against the benchmark.
As of 05-Jun, Opal Luxury Time Products Ltd is currently priced at 43.00, with no change in price (0.00%). The stock has not experienced any price movement recently, remaining flat over the past week, month, and year, with a 0% return in these periods. However, it has seen a significant decline over the last five years, down 46.25% compared to the benchmark Sensex, which has risen by 144.04%. The stock has fallen every week for the last eight weeks and has not traded on five out of the last twenty days, indicating erratic trading behavior. Additionally, it is currently trading below all moving averages, and today it hit a new 52-week and all-time low of Rs. 43.

In the broader market context, the stock's performance has been in line with the sector, but it has underperformed compared to the Sensex, which has gained 4.68% year-to-date and 9.42% over the past year. The stock's lack of movement and recent declines contrast sharply with the benchmark's positive returns, highlighting a significant divergence in performance. Despite a slight increase in investor participation, as indicated by a stable delivery volume, the overall liquidity remains low, which may contribute to the stock's inability to recover from its recent lows.
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