Why is Californ. Sof.PP falling/rising?

Jul 21 2025 11:10 PM IST
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As of 21-Jul, California Software Company Ltd Partly Paidup's stock price is declining at 5.98, down 4.63%, with a significant drop in delivery volume and a 17.97% loss over the last four days. Despite a strong monthly return of 68.93%, it has underperformed the sector and the broader market significantly in the short term.
As of 21-Jul, California Software Company Ltd Partly Paidup is experiencing a decline in its stock price, currently at 5.98, which represents a decrease of 0.29 or 4.63%. The stock has been underperforming, having lost 17.97% over the last four days and showing a significant drop in delivery volume, which fell by 87.76% compared to the 5-day average. Although the stock has performed well over the past month with a return of 68.93%, it has underperformed the sector today by 4.13%. 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 has been notably poor, with a decline of 16.83%, while the benchmark Sensex has remained relatively stable with a decrease of only 0.06%. This stark contrast highlights the stock's significant underperformance compared to the market, particularly in the short term. The overall market sentiment appears to be more favorable, as evidenced by the Sensex's positive year-to-date return of 5.20%, while California Software Company Ltd is struggling to maintain investor interest and participation.
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