Why is Rapid Multimodal falling/rising?

Aug 28 2025 11:20 PM IST
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As of 28-Aug, Rapid Multimodal Logistics Ltd's stock price is Rs 65.50, down 1.5%, and has underperformed its sector today. Despite short-term challenges, the stock has shown resilience over the past month and year-to-date compared to the Sensex.
As of 28-Aug, Rapid Multimodal Logistics Ltd is experiencing a decline in its stock price, currently at Rs 65.50, which reflects a decrease of Rs 1.0 or 1.5%. The stock has underperformed its sector by 0.91% today, opening with a loss of 2.26% and reaching an intraday low of Rs 65. The stock has shown erratic trading patterns, not trading on three out of the last twenty days, and has traded within a narrow range of Rs 0.5. Despite being above the 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 114.29% against the 5-day average, indicating some positive sentiment, although specific positive or negative factors are not available.

In the broader market context, the stock's performance over the past week shows a decline of 1.50%, which is better than the benchmark Sensex's drop of 2.34%. Over the past month, Rapid Multimodal has gained 4.13%, contrasting with the Sensex's decline of 1.00%. Year-to-date, the stock has increased by 2.99%, slightly outperforming the Sensex's gain of 2.48%. This suggests that while the stock is currently facing short-term challenges, it has shown resilience in the longer term compared to the broader market trends.
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