Why is Captain Techno. falling/rising?
As of 10-Jun, Captain Technocast Ltd's stock price is at 253.00, down 20.0 points or 7.33%. Despite strong long-term gains, the stock has recently underperformed and experienced a significant decline today, indicating potential market corrections after a period of rapid growth.
As of 10-Jun, Captain Technocast Ltd's stock price is currently at 253.00, reflecting a decline of 20.0 points or 7.33%. Today's price summary indicates that the stock has underperformed its sector by 7.69% and has experienced a trend reversal after six consecutive days of gains. The stock opened significantly lower today, with a loss of 13.74%, and reached an intraday low of Rs 235.5. Although the stock has shown impressive returns over the longer term, including a 107.38% increase over the past year and a staggering 3273.33% over five years, it has struggled in the year-to-date period with a decline of 0.76%. Additionally, while there has been a rise in investor participation with a 25% increase in delivery volume, the stock's erratic trading pattern, including not trading on three days out of the last 20, may contribute to its current volatility.In the broader market context, Captain Technocast Ltd's short-term performance over the past week shows a gain of 17.40%, which significantly outpaces the Sensex's increase of 2.05%. However, the stock's recent decline today contrasts sharply with its previous gains and highlights a potential correction after a strong upward trend. The stock's performance relative to the benchmark indicates that while it has been strong in the short term, the current downturn may reflect profit-taking or market adjustments following its rapid ascent. Overall, the combination of a significant opening gap down, recent trend reversal, and the stock's erratic trading behavior suggests that market sentiment may be shifting, leading to the current decline.
{{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
