Why is Canarys Automa. falling/rising?
As of 28-Aug, Canarys Automations Ltd's stock price is at 31.50, reflecting a slight increase of 0.32%. Despite outperforming its sector today, the stock has seen a significant drop in delivery volume and has underperformed year-to-date, down 18.29%.
As of 28-Aug, Canarys Automations Ltd is experiencing a slight increase in its stock price, currently at 31.50, with a change of 0.1 or 0.32% upward. The stock has shown a performance today that outperformed its sector by 1.26%. However, despite this positive movement, the stock's delivery volume has significantly decreased by 50% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has remained flat at 0.00%, while it has gained 5.88% over the past month. Year-to-date, the stock is down 18.29%, and over the past year, it has declined by 38.17%. 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 short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex by 1.26% today, while the Sensex itself has declined by 2.32% over the past week. However, the stock's year-to-date performance of -18.29% contrasts sharply with the Sensex's positive return of 3.62%, indicating that while the stock may be showing some short-term resilience, it has struggled significantly over a longer timeframe compared to the overall market.
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