Why is Orient Press falling/rising?
As of 09-Oct, Orient Press Ltd's stock price is Rs 83.50, down 8.22%, underperforming its sector and showing high volatility. The stock has declined significantly over various time frames, contrasting sharply with the positive performance of the benchmark Sensex.
As of 09-Oct, Orient Press Ltd is experiencing a decline in its stock price, currently at Rs 83.50, which represents a decrease of Rs 7.48 or 8.22%. Today's price summary indicates that the stock has underperformed its sector by 8.39%, with an intraday low of Rs 82.95, reflecting a drop of 8.83%. The stock has shown high volatility today, with an intraday volatility of 5.28%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also significantly decreased, falling by 63.28% compared to the 5-day average, indicating a drop 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, the stock's performance over the past week shows a decline of 2.91%, while the benchmark Sensex has increased by 1.47%. Over the past month, Orient Press has decreased by 5.11%, contrasting with the Sensex's gain of 1.32%. Year-to-date, the stock has fallen by 28.66%, while the Sensex has risen by 5.16%. This stark difference in performance highlights the challenges Orient Press is facing relative to the broader market, contributing to the downward pressure on its stock price.
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