Why is Parmeshwar Metal falling/rising?

Jul 11 2025 11:08 PM IST
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As of 11-Jul, Parmeshwar Metal Ltd's stock price is at 64.90, down 0.14%. Despite outperforming its sector today, the stock has seen a significant drop in delivery volume and has underperformed the broader market over the past month.
As of 11-Jul, Parmeshwar Metal Ltd's stock price is currently at 64.90, reflecting a decrease of 0.09 or 0.14%. The stock has shown a trend reversal, having fallen after two consecutive days of gains. In terms of performance, it has outperformed its sector by 0.56% today. However, the stock's delivery volume has significantly decreased by 64.29% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has gained 0.62%, while it has declined by 5.26% over the past month. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movements.

Broader market context shows that the Sensex has declined by 1.12% over the past week, while Parmeshwar Metal's performance has been relatively better in that timeframe. However, the stock's performance over the last month is notably worse than the benchmark, which has only seen a minor decline of 0.02%. This suggests that while Parmeshwar Metal has outperformed the sector today, its longer-term trends are less favorable compared to the broader market, contributing to the overall decline in its stock price.
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