Why is Chamunda Ele. falling/rising?
As of 11-Nov, Chamunda Electrical Ltd is currently priced at 51.15, reflecting an 8.37% increase, but has seen a significant drop in investor participation. Despite outperforming its sector today, the stock has underperformed the benchmark over the past month.
As of 11-Nov, Chamunda Electrical Ltd is experiencing a price increase, currently at 51.15, reflecting a change of 3.95 or 8.37%. The stock has outperformed its sector by 8.78% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume dropping by 70.59% compared to the 5-day average. The stock's performance over the past week shows a gain of 3.75%, while it has underperformed the benchmark over the past month with a decline of 1.63%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Chamunda Electrical Ltd's short-term performance has been favorable compared to the Sensex, which has only increased by 0.38% over the same week. This indicates that while the stock is rising, the overall market is relatively stable, suggesting that the stock's upward movement may be driven by company-specific factors rather than broader market trends. The year-to-date performance of the Sensex shows an increase of 8.67%, indicating a stronger market performance compared to Chamunda's recent struggles over the past month.
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