Why is 3rd Rock Multi falling/rising?
As of 05-Jun, 3rd Rock Multimedia Ltd is priced at 61.20 with no change, reflecting a stagnant performance and a consistent decline over the past eight weeks. The stock is trading below all key moving averages and has underperformed compared to the Sensex, which has shown slight gains.
As of 05-Jun, 3rd Rock Multimedia Ltd is currently priced at 61.20, with no change in its stock price, reflecting a percentage change of 0.00%. The stock has experienced a consistent decline, falling every week for the last eight weeks and generating 0% returns during this period. Additionally, it has not traded on five out of the last twenty days, indicating erratic trading behavior. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. While there has been a slight increase in delivery volume, the overall performance remains stagnant, and there is no available information on positive or negative factors impacting the stock.In the broader market context, the stock's performance has been relatively poor compared to the benchmark, the Sensex, which has shown a slight decline of 0.33% over the past week while the stock has remained flat. Over the past month, the Sensex has increased by 1.18%, contrasting with the stock's stagnant performance. Year-to-date, the Sensex has risen by 4.68%, while 3rd Rock Multimedia Ltd has not shown any gains, highlighting its underperformance in comparison to the broader market trends.
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