Why is Veritas (India) falling/rising?

Oct 01 2025 09:17 PM IST
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As of 01-October, Veritas (India) Ltd's stock price is Rs. 339.75, down 1.99%, marking a new 52-week low and a 7.43% decline over the past week. The stock has significantly underperformed the Sensex, with a year-to-date drop of 60.80%.
As of 01-October, Veritas (India) Ltd is experiencing a decline in its stock price, currently at Rs. 339.75, which reflects a decrease of Rs. 6.9 or 1.99%. The stock has hit a new 52-week low today and has been on a downward trend, losing value for the past seven days with a total decline of 7.43% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment. The stock has underperformed its sector by 4.47%, and there has been a notable drop in investor participation, with delivery volume decreasing by 11.4% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Veritas (India) has underperformed significantly compared to the Sensex, with a 1-week return of -6.11% against the benchmark's -0.90%. Over the past month, the stock has declined by 8.42%, while the Sensex has gained 0.77%. Year-to-date, Veritas has seen a staggering drop of 60.80%, contrasting sharply with the Sensex's modest increase of 3.64%. This stark difference in performance highlights the challenges faced by Veritas (India) in the current market environment, contributing to its ongoing decline.
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