Why is Canarys Automa. falling/rising?

Aug 13 2025 11:16 PM IST
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As of 13-Aug, Canarys Automations Ltd's stock price is at 31.30, reflecting a slight increase of 0.48%. Despite this, the stock has underperformed over the past week and year-to-date compared to the broader market, with declines of 4.13% and 18.81%, respectively.
As of 13-Aug, Canarys Automations Ltd is experiencing a slight increase in its stock price, currently at 31.30, reflecting a change of 0.15 or 0.48% upward. Today's price summary indicates that the stock has outperformed its sector by 1.63%, and there has been a notable rise in investor participation, with delivery volume increasing by 107.32% compared to the 5-day average. However, the stock's performance over the past week shows a decline of 4.13%, and year-to-date, it has decreased by 18.81%. The stock is currently trading above its 20-day, 50-day, and 100-day moving averages, but below its 5-day and 200-day moving averages. There are no positive or negative factors explicitly mentioned that could further explain the stock's recent movement.

Broader market context reveals that while Canarys Automations Ltd has seen a decline of 4.13% over the past week, the benchmark Sensex has only increased by 0.18% during the same period. This indicates that the stock is underperforming relative to the broader market in the short term. Additionally, the stock's year-to-date performance of -18.81% contrasts sharply with the Sensex's gain of 4.12%, highlighting a significant divergence in performance between the company and the overall market trends.
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