Why is Californ. Sof.PP falling/rising?
As of 11-Jun, California Software Company Ltd Partly Paidup has seen a price increase to 2.75, with a 4.96% rise and a total return of 10% over the last two days. Despite recent gains, the stock has declined by 27.63% over the past month, indicating a challenging longer-term performance.
As of 11-Jun, California Software Company Ltd Partly Paidup has experienced a price increase, currently standing at 2.75, with a change of 0.13, representing a rise of 4.96%. The stock has been gaining for the last two days, achieving a total return of 10% during this period. Additionally, it has outperformed its sector by 3.94%. The stock's delivery volume on June 10 has surged by 952.6% compared to the 5-day average, indicating rising investor participation. However, while the stock is currently above its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context shows that over the past week, California Software Company Ltd has outperformed the Sensex, with a return of 10.89% compared to the benchmark's 1.87%. However, over the past month, the stock has declined by 27.63%, contrasting sharply with the Sensex's gain of 3.85%. This suggests that while the stock is currently experiencing a short-term rally, it has faced significant challenges in the longer term, as evidenced by its substantial decline in the last month.
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