Why is Chamunda Ele. falling/rising?
As of 13-Nov, Chamunda Electrical Ltd's stock price is at 49.75, down 6.4% today, but has gained 5.63% over the past week. Despite increased delivery volume, the stock's longer-term performance lags behind the Sensex, which has risen 2.58% in the last month.
As of 13-Nov, Chamunda Electrical Ltd's stock price is currently at 49.75, reflecting a decrease of 3.4, or 6.4%. The stock has underperformed its sector today by 6.43%. Despite this decline, the stock has shown a positive performance over the past week, with a return of 5.63%, although it has decreased by 2.45% over the past month. The stock's delivery volume has significantly increased by 102.13% against the 5-day average, indicating rising investor participation. However, there is no available information on positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance over the past week has outpaced the Sensex, which only gained 1.45% during the same period. However, the stock's longer-term performance is lagging behind the benchmark, as it has declined in the last month while the Sensex has increased by 2.58%. This contrast suggests that while there may be some short-term interest in Chamunda Electrical Ltd, the overall market sentiment and performance relative to the benchmark remain challenging.
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