Why is Rudra Gas falling/rising?

Sep 22 2025 11:46 PM IST
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As of 22-Sep, Rudra Gas Enterprise Ltd is priced at 89.50, having gained 0.57% recently but down 28.40% year-to-date and 50.82% over the past year. The stock shows mixed signals with declining delivery volume and underperformance compared to the broader market over the past month.
As of 22-Sep, Rudra Gas Enterprise Ltd is currently priced at 89.50, reflecting an increase of 0.51 (0.57%). The stock has been gaining for the last three days, with a total return of 3.95% during this period. However, despite this recent uptick, the stock has experienced a significant decline of 28.40% year-to-date and a staggering 50.82% over the past year. Additionally, the stock's delivery volume has seen a sharp decline of 68.75% against the 5-day average, indicating falling investor participation, which could be a concern for future price stability. The stock is currently trading above its 5-day moving averages but below its longer-term moving averages, suggesting mixed signals regarding its price trend.

In the broader market context, Rudra Gas has outperformed the sector by 1.03% today, while its 1-week return of +0.56% slightly exceeds the Sensex's gain of +0.46%. However, over the past month, the stock has underperformed significantly, with a decline of 7.68% compared to the Sensex's increase of 1.05%. This disparity highlights the challenges faced by Rudra Gas in the current market environment, especially given its substantial year-to-date and yearly losses, contrasting with the overall positive performance of the benchmark index.
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