Why is Rexnord Electr. falling/rising?
As of 23-Sep, Rexnord Electronics & Controls Ltd's stock price is Rs 88.10, down 2.27%, and has declined for three consecutive days, totaling a 5.78% drop. The stock has significantly underperformed the benchmark Sensex and is trading below its moving averages, indicating a bearish trend and lack of investor confidence.
As of 23-Sep, Rexnord Electronics & Controls Ltd is experiencing a decline in its stock price, currently at Rs 88.10, reflecting a decrease of Rs 2.05 or 2.27%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 5.78% during this period. It has also underperformed its sector by 1.26% today. The stock's performance over the past week shows a decrease of 2.06%, and it has significantly underperformed the benchmark Sensex over the past month and year-to-date, with declines of 10.49% and 14.38%, respectively. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight increase of 0.98% over the past month, Rexnord's performance has been notably weaker. The Sensex has also gained 5.07% year-to-date, while Rexnord has faced a substantial decline. This disparity highlights the challenges Rexnord is facing in the current market environment, as it struggles to attract investor participation, evidenced by a 14.21% drop in delivery volume against the five-day average. The overall liquidity of the stock remains adequate for trading, but the persistent downward trend in its price suggests a lack of confidence among investors.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
