Why is Centenial Surgic falling/rising?
As of 06-Nov, Centenial Surgical Suture Ltd's stock price is Rs 95.00, down 7.14% and underperforming its sector. The stock has declined 12.04% over the past week and 31.16% year-to-date, contrasting sharply with the Sensex's performance.
As of 06-Nov, Centenial Surgical Suture Ltd is experiencing a decline in its stock price, currently at Rs 95.00, reflecting a decrease of Rs 7.3 or 7.14%. The stock has underperformed its sector by 6.49% today and has been on a downward trend, losing value for the last three consecutive days, resulting in a total decline of 12.04% over the past week. The stock opened with a gain of 2.64% today but reached an intraday low of Rs 95, indicating significant volatility with a wide trading range of Rs 10. Additionally, the stock is trading below its moving averages across various periods, and there has been a notable drop in investor participation, with delivery volume falling by 34.81% compared to the five-day average.In the broader market context, the stock's performance over the past week contrasts sharply with the Sensex, which has only declined by 1.30% during the same period. Over the last month, while Centenial Surgical has dropped 11.21%, the Sensex has gained 1.86%, highlighting the stock's significant underperformance relative to the benchmark. Year-to-date, the stock has decreased by 31.16%, while the Sensex has increased by 6.62%, further emphasizing the challenges faced by Centenial Surgical in the current market environment.
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