Why is Cell Point falling/rising?
As of 24-Sep, Cell Point (India) Ltd is priced at 18.75, showing no change and a 0.00% movement. The stock has underperformed year-to-date and over the past year, despite some short-term gains, indicating a negative long-term trend.
As of 24-Sep, Cell Point (India) Ltd is currently priced at 18.75, with no change in price, reflecting a 0.00% movement. The stock has shown a mixed performance recently, with a decline of 2.09% over the past week, while it has gained 5.04% over the last month. Year-to-date, the stock is down 29.91%, and it has experienced a significant drop of 42.84% over the past year. Today's price summary indicates that the stock is performing inline with its sector, and it is trading higher than the 20-day, 50-day, and 100-day moving averages, but lower than the 5-day and 200-day moving averages. There is no information available regarding positive or negative factors affecting the stock's recent movement.In the broader market context, the stock's performance over the past week has been worse than the benchmark Sensex, which declined by only 1.08%. However, over the past month, Cell Point outperformed the Sensex, which rose by 0.75%. Despite this short-term outperformance, the year-to-date and one-year returns indicate a significant underperformance compared to the benchmark, which has gained 5.97% and lost only 3.41%, respectively. This suggests that while there may be some short-term fluctuations, the overall trend for Cell Point remains negative in the longer term.
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