Why is Weizmann falling/rising?

Sep 10 2025 10:04 PM IST
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As of 10-Sep, Weizmann Ltd's stock price is Rs 111.55, down 1.89%, with high volatility and underperformance compared to its sector and the benchmark Sensex. Despite a recent gain of 1.50% over the past week, the stock is down 19.66% year-to-date, indicating cautious investor sentiment.
As of 10-Sep, Weizmann Ltd's stock price is currently at Rs 111.55, reflecting a decrease of Rs 2.15 or 1.89%. The stock opened the day with a loss of 2.24% and has shown high volatility, with an intraday range between Rs 110.1 and Rs 118.6. Despite touching a day's high, the stock has underperformed its sector by 4.47%. Over the past week, it has gained 1.50%, but year-to-date, it is down 19.66%. The stock is trading above its 5-day and 20-day moving averages but below its longer-term moving averages. There is a notable increase in investor participation, with delivery volume rising by 40.28% compared to the 5-day average, indicating some interest despite the price decline.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.06% over the past week, Weizmann's performance has been relatively stronger in the short term. However, the stock's year-to-date performance is significantly lagging behind the Sensex, which has increased by 4.21%. The textile sector, in which Weizmann operates, has seen a gain of 2.44%, suggesting that the broader market conditions are somewhat favorable, yet Weizmann is struggling to capitalize on this momentum. The combination of high volatility and underperformance relative to both its sector and the benchmark indicates that investor sentiment may be cautious, contributing to the stock's recent decline.
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