Why is Veekayem Fash. falling/rising?

Sep 22 2025 11:31 PM IST
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As of 22-Sep, Veekayem Fashion & Apparels Ltd's stock price is declining at 281.35, down 2.61%, and has underperformed its sector today. Despite a strong year-to-date return of 23.40%, recent trends indicate weakening performance relative to the market.
As of 22-Sep, Veekayem Fashion & Apparels Ltd is experiencing a decline in its stock price, currently at 281.35, which reflects a decrease of 7.55 points or 2.61%. The stock has underperformed its sector by 1.9% today, and while it remains above the 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 33.33% against the 5-day average. Over the past week, the stock has decreased by 8.80%, contrasting with a slight increase of 0.53% in the Sensex, indicating a significant underperformance relative to the broader market.

In the broader market context, the stock's performance over the past month shows a decline of 2.14%, while the Sensex has gained 1.34%. Year-to-date, Veekayem Fashion has a strong return of 23.40%, significantly outperforming the Sensex's 6.59% increase. However, the recent short-term trends suggest a weakening position, as the stock's recent performance has not kept pace with the benchmark, highlighting a potential shift in investor sentiment or market conditions affecting the company specifically.
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