Why is RMC Switchgears falling/rising?

Sep 01 2025 10:15 PM IST
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As of 01-Sep, RMC Switchgears Ltd is priced at 815.00, having increased by 0.31% recently but underperforming its sector and the benchmark Sensex. The stock has seen a significant year-to-date decline of 27.23%, despite impressive long-term returns.
As of 01-Sep, RMC Switchgears Ltd is currently priced at 815.00, reflecting an increase of 2.5, or 0.31%. The stock has shown a slight upward movement over the last two days, gaining 1.24%. However, it has underperformed its sector by 1.67% today and has seen a significant decline in delivery volume, which fell by 75.65% against the 5-day average. Over the past week, the stock has decreased by 4.33%, and year-to-date, it has dropped 27.23%. Despite this, the stock has impressive long-term returns, with a 3-year increase of 2833.13% and a 5-year increase of 6956.28%. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 1.56% over the past week, RMC Switchgears has underperformed significantly. The stock's year-to-date performance shows a stark contrast, with a decline of 27.23% compared to the Sensex's gain of 2.85%. This suggests that while the broader market is experiencing some resilience, RMC Switchgears is facing challenges that are affecting its stock price negatively in the short term.
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