Why is Perfect-Octave falling/rising?

Sep 29 2025 10:14 PM IST
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As of 29-Sep, Perfect-Octave Media Projects Ltd's stock price is declining at 4.01, down 7.39%, and underperforming its sector. Despite a recent increase in delivery volume, the stock has fallen significantly over the past year and year-to-date, indicating a bearish trend.
As of 29-Sep, Perfect-Octave Media Projects Ltd is experiencing a decline in its stock price, currently at 4.01, which represents a decrease of 0.32 or 7.39%. The stock has underperformed its sector by 7.14% today and has fallen after two consecutive days of gains. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume by 668.85% against the 5-day average, the overall performance over the past year shows a decline of 18.99%, while year-to-date, it has decreased by 4.07%. 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 short-term performance over the past week shows a decline of 1.96%, which is slightly better than the benchmark Sensex's decline of 2.18%. However, over the past month, Perfect-Octave has outperformed the Sensex with a return of 2.56% compared to the benchmark's 0.70%. Despite this recent outperformance, the overall trend indicates a struggle for the stock, particularly in the longer term, where it has significantly lagged behind the benchmark over the past year and year-to-date.
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