Why is Rungta Irrigatn. falling/rising?

Oct 09 2025 10:56 PM IST
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As of 09-Oct, Rungta Irrigation Ltd's stock price is at 60.00, down 0.84%, and has declined 5.11% over the last three days. The stock is trading below all major moving averages and has significantly underperformed compared to the Sensex, which has gained 1.47% over the past week.
As of 09-Oct, Rungta Irrigation Ltd's stock price is currently at 60.00, reflecting a decrease of 0.51, or 0.84%. The stock has been underperforming, having fallen for the last three days with a total decline of 5.11% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also shown significant underperformance compared to the sector, with a performance today that is down by 1.08%. Over the past week, the stock has decreased by 3.23%, and it has experienced a notable decline of 11.75% over the past month, while year-to-date returns show a drop of 23.08%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.

Broader market context indicates that Rungta Irrigation Ltd's performance has been significantly weaker compared to the benchmark, the Sensex, which has gained 1.47% over the past week. The stark contrast is evident as the stock's year-to-date decline of 23.08% stands in sharp opposition to the Sensex's increase of 5.16%. This underperformance in the short term, combined with the broader market's positive momentum, suggests that investor sentiment towards Rungta Irrigation Ltd is currently negative, contributing to its falling stock price.
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