Why is Beacon Trust. falling/rising?
As of 15-Oct, Beacon Trusteeship Ltd's stock price has risen to 70.25, reflecting a 14.04% increase, outperforming its sector. Despite this short-term strength, the stock remains down 26.44% year-to-date and 41.41% over the past year, indicating a need for recovery compared to the broader market.
As of 15-Oct, Beacon Trusteeship Ltd is experiencing a significant rise in its stock price, currently at 70.25, which reflects an increase of 8.65 or 14.04%. The stock has outperformed its sector today by 11.88%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 79.09% compared to the 5-day average. The stock has shown a positive return of 12.40% over the past week and 19.68% over the past month, although it remains down 26.44% year-to-date and 41.41% over the past year.In the broader market context, the Sensex has only increased by 1.11% over the past week and 1.01% over the past month, highlighting that Beacon Trusteeship Ltd's short-term performance is significantly stronger than the benchmark. Despite the stock's recent gains, its year-to-date and one-year performance remains negative, contrasting sharply with the Sensex's positive returns of 7.10% and 1.06%, respectively. This suggests that while the stock is currently rising, it has a long way to go to recover from its previous losses compared to the overall market performance.
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