Why is Parmeshwar Metal falling/rising?

Jul 21 2025 11:09 PM IST
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As of 21-Jul, Parmeshwar Metal Ltd's stock price is at 64.60, down 0.62%, and has underperformed its sector. The stock shows erratic trading patterns and has declined significantly over the past month, indicating specific issues affecting its performance despite a stable broader market.
As of 21-Jul, Parmeshwar Metal Ltd's stock price is currently at 64.60, reflecting a decrease of 0.4, or 0.62%. The stock has underperformed its sector by 0.6% today, and it has shown erratic trading patterns, not trading on one day out of the last 20. In terms of moving averages, the stock is higher than the 100-day moving average but lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, while the stock has seen a rise in delivery volume by 42.86% against the 5-day average, it has experienced a decline of 0.46% over the past week and a significant drop of 7.05% over the past month. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

Broader market context indicates that the Sensex has only slightly declined by 0.06% over the past week and 0.25% over the past month, suggesting that the broader market is relatively stable compared to Parmeshwar Metal's performance. This underperformance in the stock, particularly in the short term, contrasts with the benchmark's modest declines, indicating that specific issues within Parmeshwar Metal may be contributing to its price drop rather than broader market trends.
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