Why is Relicab Cable falling/rising?

Nov 14 2025 11:07 PM IST
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As of 14-Nov, Relicab Cable Manufacturing Ltd's stock is priced at 52.61, having increased by 0.88% today but down 5.39% over the past week and 11.21% over the past month. The stock is underperforming compared to the Sensex, with a year-to-date decline of 42.66%, indicating a bearish trend and lack of investor confidence.
As of 14-Nov, Relicab Cable Manufacturing Ltd's stock is currently priced at 52.61, reflecting an increase of 0.46 or 0.88%. Despite this uptick today, the stock has shown a significant decline over the past week, down 5.39%, and a more substantial drop of 11.21% over the past month. The stock is trading below its moving averages across all time frames, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 75.83% compared to the 5-day average, which suggests a lack of confidence among investors. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Relicab's performance has lagged behind the Sensex, which has gained 1.62% over the past week and 3.09% over the past month. Year-to-date, Relicab has experienced a staggering decline of 42.66%, while the Sensex has risen by 8.22%. This stark contrast highlights the stock's underperformance relative to the benchmark, indicating that while the market may be experiencing growth, Relicab Cable is struggling significantly.
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