Why is Readymix Cons. falling/rising?

Aug 04 2025 11:20 PM IST
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As of 04-Aug, Readymix Construction Machinery Ltd's stock price is at 117.55, up 2.22%, despite erratic trading and a significant intraday loss. The stock has outperformed the Sensex over the past week and month, indicating a potential positive shift in market sentiment.
As of 04-Aug, Readymix Construction Machinery Ltd's stock price is currently at 117.55, reflecting an increase of 2.55, or 2.22%. Despite this rise, the stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days, and opened with a significant loss of 4.09% today, reaching an intraday low of Rs 110.3. The stock has traded within a narrow range of Rs 0.95 and is currently above the 50-day, 100-day, and 200-day moving averages, but below the 5-day and 20-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 92.31% against the 5-day average, indicating a potential shift in market sentiment. However, there is no available information on positive or negative factors impacting the stock.

In the broader market context, the stock's performance over the past week shows a return of +2.66%, significantly outperforming the Sensex, which only increased by 0.17%. Over the past month, Readymix Construction Machinery Ltd has also outperformed the benchmark, with a return of +2.22% compared to the Sensex's decline of -2.90%. This suggests that while the stock is experiencing some volatility, it is managing to gain traction relative to the broader market, particularly in the short term.
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