Why is Readymix Cons. falling/rising?

Sep 18 2025 11:57 PM IST
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As of 18-Sep, Readymix Construction Machinery Ltd is currently priced at 159.90, reflecting a 3.26% increase and strong momentum as it trades above all key moving averages. Despite a recent weekly decline of 2.14%, the stock has outperformed the benchmark Sensex significantly over the past month with a return of 46.56%.
As of 18-Sep, Readymix Construction Machinery Ltd is experiencing a price increase, currently at 159.90, which reflects a rise of 5.05 or 3.26%. The stock has outperformed its sector by 3.03% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, there has been a rise in investor participation, with a delivery volume of 50,000 on 17 September, which is up by 1.63% compared to the 5-day average. However, the positive and negative factors dashboard is unavailable, so no specific insights can be provided from that section.
In the broader market context, the stock's performance over the past week shows a decline of 2.14%, while the benchmark Sensex has increased by 1.67%. Over the past month, Readymix has significantly outperformed the benchmark with a return of 46.56% compared to the Sensex's 2.20%. This strong monthly performance suggests that despite recent short-term fluctuations, the stock is gaining traction and investor confidence, contributing to its current upward price movement.
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