Why is Ravikumar Distll falling/rising?

Aug 08 2025 09:53 PM IST
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As of 08-Aug, Ravikumar Distilleries Ltd is seeing a price increase to 28.24, up 2.06%, with significant delivery volume growth indicating heightened investor interest. Despite recent gains, the stock has underperformed over the past year and year-to-date compared to the Sensex.
As of 08-Aug, Ravikumar Distilleries Ltd is experiencing a price increase, with its current price at 28.24, reflecting a change of 0.57 or 2.06% upward. The stock has shown a performance today that outperformed its sector by 2.88%. Additionally, the delivery volume on August 7 has significantly risen by 162.39% compared to the 5-day average, indicating increased investor participation. While the stock is currently above its 200-day moving average, it remains below the 5-day, 20-day, 50-day, and 100-day moving averages. Over the past year, the stock has declined by 18.48%, contrasting with the Sensex's modest gain of 1.23% during the same period.

In the broader market context, the stock's short-term performance over the past week shows a decline of 2.65%, which is worse than the Sensex's decrease of 0.92%. However, the stock has outperformed the benchmark over a 3-year period, with a remarkable increase of 163.93% compared to the Sensex's 35.69%. Despite the recent upward movement, the stock's year-to-date performance remains negative at -2.96%, while the Sensex has gained 2.20%. This suggests that while there are positive indicators in the short term, the overall trend for Ravikumar Distilleries Ltd has been challenging relative to the broader market.
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