Why is Capital Trade Lk falling/rising?
As of 06-Nov, Capital Trade Links Ltd's stock price is Rs 25.79, down 5.63% after three consecutive days of decline. Despite a strong long-term performance, the stock is underperforming in the short term compared to the broader market.
As of 06-Nov, Capital Trade Links Ltd is experiencing a decline in its stock price, currently at Rs 25.79, which represents a decrease of Rs 1.54 or 5.63%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 7.89% during this period. Today's trading saw the stock hit an intraday low of Rs 25.05, indicating significant selling pressure. Additionally, the stock's delivery volume has decreased sharply by 62.43% compared to the five-day average, suggesting a drop in investor participation. While the stock has shown strong performance over longer periods, such as a 270.81% increase over three years, its recent one-week performance is notably poor at -6.86%.In the broader market context, the Sensex has only declined by 1.30% over the same one-week period, indicating that Capital Trade Links Ltd is underperforming relative to the benchmark. Despite a positive return of 13.31% over the past month, the stock's year-to-date performance is down by 3.26%, contrasting with the Sensex's gain of 6.62%. This divergence highlights the stock's recent struggles, particularly in the short term, as it fails to keep pace with the overall market trends.
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