Why is Organic Coatings falling/rising?

Aug 08 2025 09:35 PM IST
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As of 08-Aug, Organic Coatings Ltd's stock price is declining at 16.30, down 1.98% and has fallen for nine consecutive days, totaling a 13.57% drop. The stock significantly underperforms the market and its sector, with a year-to-date decline of 13.62% compared to the Sensex's 2.20% gain.
As of 08-Aug, Organic Coatings Ltd is experiencing a decline in its stock price, currently at 16.30, which represents a decrease of 0.33 or 1.98%. The stock has been underperforming, having fallen consecutively for the last nine days, resulting in a total decline of 13.57% during this period. Additionally, the stock has underperformed its sector by 1.38% today. While the stock's delivery volume has increased significantly by 284.37% compared to the 5-day average, it remains lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Over the past year, the stock has declined by 14.21%, contrasting sharply with the Sensex, which has gained 1.23%.

In the broader market context, Organic Coatings' short-term performance has been notably worse than the benchmark, with a 1-week return of -7.70% compared to the Sensex's -0.92%. This indicates that the stock is not only struggling in isolation but is also lagging behind the overall market trends. The year-to-date performance shows a significant divergence, with the stock down 13.62% while the Sensex is up 2.20%. This stark contrast highlights the challenges Organic Coatings is facing in the current market environment, contributing to the ongoing decline in its stock price.
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