Why is Rajeshwari Cans falling/rising?

Jul 17 2025 10:51 PM IST
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As of 17-Jul, Rajeshwari Cans Ltd's stock price has declined to Rs 157.00, down 4.99%, and has underperformed its sector. The stock shows a bearish trend with significant drops in short-term returns, contrasting with the stable performance of the broader market.
As of 17-Jul, Rajeshwari Cans Ltd is experiencing a decline in its stock price, currently at Rs 157.00, which reflects a decrease of Rs 8.25 or 4.99%. The stock has underperformed its sector by 5.36% today and opened with a loss of 4.99%. It has not traded on 2 out of the last 20 days, indicating erratic trading behavior. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. In terms of returns, the stock has seen a significant drop of 31.29% over the past month and 50.80% year-to-date, despite a strong performance of 89.56% over the past year and an impressive 866.15% over the last three years. There is no information available regarding positive or negative factors affecting the stock.

Broader market context shows that while Rajeshwari Cans has been declining, the benchmark Sensex has remained relatively stable, with a slight increase of 0.83% over the past month and 5.27% year-to-date. This stark contrast highlights the stock's underperformance compared to the broader market. The significant drop in Rajeshwari Cans' stock price, coupled with its poor short-term returns, indicates that investor sentiment may be negatively impacted, despite a recent rise in delivery volume, which suggests some level of investor interest.
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