Why is Rudra Gas falling/rising?

Sep 17 2025 11:29 PM IST
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As of 17-Sep, Rudra Gas Enterprise Ltd is priced at Rs 86.10, down 2.71% and has declined 7.71% over the last three days. The stock is trading below all major moving averages, indicating a bearish trend, despite increased investor participation.
As of 17-Sep, Rudra Gas Enterprise Ltd is currently priced at Rs 86.10, reflecting a decrease of Rs 2.4 or 2.71%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.71% during this period. Today, it opened with a loss of 2%, reaching an intraday low of Rs 86.1. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 31.87% against the 5-day average, the overall sentiment remains negative, contributing to the stock's decline. There is no information available regarding positive or negative factors that could influence the stock's performance.

In the broader market context, Rudra Gas has shown a short-term return of +2.50% over the past week, which is significantly higher than the Sensex's return of +1.56% during the same period. However, over the last month, the stock has underperformed with a decline of 8.60%, while the Sensex has gained 2.60%. Year-to-date, Rudra Gas has experienced a substantial drop of 31.12%, contrasting sharply with the Sensex's increase of 5.83%. This disparity highlights the stock's ongoing struggles relative to the broader market, further explaining its recent price movements.
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