Why is Chandan Healthca falling/rising?
As of 11-Sep, Chandan Healthcare Ltd's stock price is 223.10, down 1.93%, and has underperformed its sector and the broader market. Despite increased investor participation, the stock is below several key moving averages and has declined over the past week and month.
As of 11-Sep, Chandan Healthcare Ltd is experiencing a decline in its stock price, currently at 223.10, reflecting a decrease of 4.4 points or 1.93%. The stock has underperformed its sector by 1.41% today. While the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable increase in investor participation, with a delivery volume of 19.2k on 10 September, which is up by 166.67% compared to the 5-day average. However, there are no positive or negative factors available to further explain the stock's recent movement.In the broader market context, Chandan Healthcare's performance over the past week shows a decline of 2.51%, while the benchmark Sensex has increased by 1.10%. This indicates that the stock is not only underperforming relative to its sector but also lagging behind the overall market. Over the past month, the stock has decreased by 3.71%, contrasting with a 1.71% gain in the Sensex, further highlighting the stock's struggles in the current market environment.
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