Why is C2C Advanced falling/rising?
As of 15-Sep, C2C Advanced Systems Ltd is seeing a price increase to 747.75, up 1.16%, but has underperformed the benchmark Sensex over the past week, month, and year-to-date. Despite a recent rise in investor participation, the stock remains below several moving averages and faces challenges in the current market.
As of 15-Sep, C2C Advanced Systems Ltd is experiencing a price increase, with the current price at 747.75, reflecting a rise of 8.55 or 1.16%. Today's price summary indicates that the stock has outperformed its sector by 1.27%. Additionally, the stock is trading above its 50-day, 100-day, and 200-day moving averages, although it is below the 5-day and 20-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 75.53% against the 5-day average. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past week shows a decline of 3.19%, while the benchmark Sensex has increased by 1.20%. This indicates that C2C Advanced has underperformed relative to the benchmark in the short term. Over the past month, the stock has decreased by 5.37%, contrasting with the Sensex's gain of 1.78%. Year-to-date, the stock is down 8.40%, while the Sensex has risen by 6.02%. This comparison highlights the challenges faced by C2C Advanced in the current market environment, despite its recent price increase.
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