Why is C2C Advanced falling/rising?
As of 11-Sep, C2C Advanced Systems Ltd's stock price is 741.20, down 1.86%, and has underperformed its sector. Despite a rise in investor participation, the stock has shown negative returns over the past week, month, and year-to-date, contrasting with the broader market's positive performance.
As of 11-Sep, C2C Advanced Systems Ltd is experiencing a decline in its stock price, currently at 741.20, which reflects a decrease of 14.05 or 1.86%. The stock has underperformed its sector by 1.09% today. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. The stock has shown a negative return of 8.02% over the past week and 2.98% over the past month, while year-to-date it has decreased by 9.21%. There is a notable increase in investor participation, with delivery volume rising by 89.54% against the 5-day average, indicating some interest despite the overall decline.In the broader market context, the Sensex has shown a positive return of 1.10% over the past week and 1.71% over the past month, contrasting sharply with C2C Advanced's negative performance. This suggests that while the market is generally trending upward, C2C Advanced is lagging significantly behind. The stock's liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.05 crore. However, without specific positive or negative factors available, it is difficult to pinpoint the exact reasons behind the stock's recent movement beyond the data provided.
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