Why is Rapid Multimodal falling/rising?

Sep 02 2025 11:50 PM IST
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As of 02-September, Rapid Multimodal Logistics Ltd's stock price is 65.75, reflecting a slight increase but showing volatility due to erratic trading patterns and a significant 35.98% drop over the past year. Despite recent gains, the stock has underperformed its sector today and faces challenges in maintaining upward momentum.
As of 02-September, Rapid Multimodal Logistics Ltd's stock price is currently at 65.75, reflecting a slight increase of 0.25 or 0.38%. The stock has shown erratic trading patterns, having not traded on 4 out of the last 20 days, which may contribute to its volatility. Despite underperforming its sector by 0.33% today, there has been a notable increase in investor participation, with delivery volume rising by 11.11% against the 5-day average. Over the past month, the stock has gained 4.20%, contrasting with a decline of 1.13% over the past week. However, it has experienced a significant drop of 35.98% over the past year, indicating long-term challenges. There is no information available regarding positive or negative factors impacting the stock.

Broader Market Context: In comparison to the benchmark, the Sensex has declined by 0.78% over the past week, while Rapid Multimodal's stock has also faced a decline, albeit at a slightly higher rate. Year-to-date, the stock has outperformed the Sensex, which has increased by 2.58%, with Rapid Multimodal showing a gain of 3.38%. This suggests that while the stock has had some positive momentum in the longer term, its recent performance indicates a struggle to maintain upward momentum in the short term, particularly given the erratic trading and underperformance relative to its sector.
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