Why is 21st Cent. Mgmt. falling/rising?
As of 07-Oct, Twenty First Century Management Services Ltd's stock price is Rs 49.57, down 1.39%, and trading near its 52-week low. The stock has significantly underperformed recently, with declines over various time frames, contrasting sharply with the positive performance of the Sensex.
As of 07-Oct, Twenty First Century Management Services Ltd is experiencing a decline in its stock price, currently at Rs 49.57, which represents a decrease of Rs 0.7 or 1.39%. The stock is trading close to its 52-week low, just 0.65% away from Rs 49.25. Today's performance indicates that it has underperformed its sector by 1.56%, and it is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 17.63% compared to the 5-day average. The stock has also shown significant underperformance over the past week, month, and year, with declines of 2.56%, 8.53%, and 49.93% respectively, while the benchmark Sensex has posted positive returns during these periods.In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 2.07% over the past week and 1.51% over the past month. While the stock has shown impressive growth over the longer term, with a 3-year return of 109.16% and a 5-year return of 387.89%, its recent trajectory indicates a significant downturn, particularly in the year-to-date performance, which stands at a decline of 45.29%. This stark difference in performance suggests that while the company has had periods of strong growth, current market conditions and investor sentiment are negatively impacting its stock price.
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