Why is Canarys Automa. falling/rising?
As of 17-Nov, Canarys Automations Ltd's stock price has risen to 33.45, up 16.35%, outperforming its sector significantly. However, a 50% drop in delivery volume raises concerns about sustained momentum despite strong short-term gains.
As of 17-Nov, Canarys Automations Ltd is experiencing a significant rise in its stock price, currently at 33.45, reflecting an increase of 4.7 or 16.35%. The stock has outperformed its sector by 16.08% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there is a notable decline in investor participation, with delivery volume dropping by 50% compared to the 5-day average, which could signal a potential concern for sustained momentum. The stock's performance over the past week shows a return of +18.20%, while the month-to-date return stands at +15.74%. Year-to-date, however, the stock is down by 13.23%, and over the past year, it has decreased by 14.67%.In the broader market context, Canarys Automations Ltd has significantly outperformed the Sensex, which has only increased by 1.72% over the past week and 1.18% over the past month. This stark contrast highlights the stock's strong short-term performance relative to the benchmark. Despite the positive short-term returns, the year-to-date and one-year performance figures indicate that the stock has struggled compared to the overall market, where the Sensex has gained 10.02% and 10.54%, respectively. This discrepancy suggests that while the stock is currently rising, it may still face challenges in regaining its previous levels of performance in the longer term.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
