Why is Prag Bosimi Syn. falling/rising?

Aug 22 2025 09:17 PM IST
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As of 22-Aug, Prag Bosimi Synthetics Ltd's stock price is declining at 2.14, down 1.38%, and has underperformed its sector. It is trading below all key moving averages and has significant year-to-date and one-year declines, indicating a lack of investor confidence.
As of 22-Aug, Prag Bosimi Synthetics Ltd is experiencing a decline in its stock price, currently at 2.14, which represents a decrease of 0.03 or 1.38%. The stock has underperformed its sector by 1.15% today and has fallen after two consecutive days of gains. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock has shown significant negative performance over various periods, with a year-to-date decline of 27.70% and a one-year drop of 38.51%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the stock's short-term performance is notably worse than the benchmark, with a weekly return of -1.38% compared to the Sensex's gain of 0.88%. This trend of underperformance is consistent with the stock's longer-term returns, where it has lagged behind the Sensex across multiple time frames, including a three-year decline of 21.03% versus the benchmark's increase of 38.34%. The falling investor participation, indicated by a decrease in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's downward trajectory.
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