Why is CCL Internationa falling/rising?
As of 15-Oct, CCL International Ltd's stock price is at 29.80, having increased by 1.5% after two days of decline. Despite recent gains, it has underperformed its sector and is down significantly over the past month and year, though it shows strong long-term growth over three and five years.
As of 15-Oct, CCL International Ltd's stock price is currently at 29.80, reflecting an increase of 0.44, or 1.5%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, the stock has underperformed its sector by 0.27%. In terms of returns, over the past week, the stock has increased by 0.95%, but it has seen a significant decline of 9.37% over the past month. Year-to-date, it is down 9.34%, while over the last year, it has decreased by 7.42%. However, the stock has performed well over the longer term, with a 70.29% increase over three years and a 100.81% increase over five years. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 161.18% compared to the five-day average.In the broader market context, the Sensex has increased by 1.02% over the past week, indicating that while CCL International Ltd has gained in the short term, it has still lagged behind the benchmark. Over the past month, the Sensex has risen by 1.00%, contrasting with CCL's significant decline. This suggests that the stock's recent performance may be influenced by broader market trends, as well as specific factors affecting investor sentiment towards CCL International Ltd. The liquidity of the stock remains adequate for trading, which may support its price movement in the near term.
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