Why is Prag Bosimi Syn. falling/rising?

Sep 23 2025 09:35 PM IST
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As of 23-Sep, Prag Bosimi Synthetics Ltd's stock price is 2.01, down 0.5%, following two days of gains and trading below key moving averages. The stock has seen a significant drop in investor participation and has underperformed over the past month and year, indicating ongoing challenges for the company.
As of 23-Sep, Prag Bosimi Synthetics Ltd is experiencing a decline in its stock price, currently at 2.01, which reflects a decrease of 0.01 or 0.5%. The stock has fallen after two consecutive days of gains, and it is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume on 22 September falling by 85.79% compared to the 5-day average. The stock has shown a poor performance over the past month, down 6.07%, and has a year-to-date decline of 32.09%, indicating ongoing challenges for the company.

In the broader market context, the stock's short-term performance has been relatively stable compared to the benchmark, as it remained flat over the past week while the Sensex declined by 0.34%. However, over the longer term, Prag Bosimi Synthetics Ltd has underperformed significantly, with a 1-year return of -36.59% compared to the Sensex's -3.33%. This underperformance, coupled with the recent decline in trading volume and the stock's position below key moving averages, suggests a lack of investor confidence and a challenging environment for the company.
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