Why is Parshwanath Corp falling/rising?

Sep 22 2025 09:08 PM IST
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As of 22-Sep, Parshwanath Corporation Ltd's stock price is Rs 85.52, down 4.5%, and has underperformed its sector by 6.04% today. The stock has declined 31.00% year-to-date, contrasting sharply with the Sensex's 5.15% gain, indicating significant investor disinterest and a bearish trend.
As of 22-Sep, Parshwanath Corporation Ltd is experiencing a decline in its stock price, currently at Rs 85.52, which represents a decrease of 4.5 or 5.0%. The stock has underperformed its sector by 6.04% today and has been on a downward trend, losing 5.95% over the past week. It has also opened with a loss of 4.02% today and reached an intraday low of Rs 85.52. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 86.84% compared to the 5-day average, suggesting a lack of confidence among investors.

In the broader market context, Parshwanath Corporation's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 0.46% over the past week while the stock has declined by 5.95%. This stark contrast highlights the stock's struggles in the current market environment. Year-to-date, the stock has plummeted by 31.00%, while the Sensex has risen by 5.15%, further illustrating the challenges faced by Parshwanath Corporation in attracting investor interest and maintaining its market position.
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