Why is Chandan Healthca falling/rising?
As of 15-Sep, Chandan Healthcare Ltd's stock price is at 222.10, down 1.6% and underperforming its sector. Despite a recent increase in investor participation, the stock has declined significantly over the past week and month, contrasting with the broader market's gains.
As of 15-Sep, Chandan Healthcare Ltd's stock price is currently at 222.10, reflecting a decrease of 3.6, or 1.6%. The stock has underperformed its sector by 1.42% today, and while it is trading higher than its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has declined by 4.68%, and over the past month, it has fallen by 6.68%. Notably, there has been a rise in investor participation, with delivery volume increasing by 57.89% against the 5-day average, indicating some interest despite the overall downward trend. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context shows that while Chandan Healthcare's stock has decreased, the benchmark Sensex has gained 1.20% over the past week and 1.78% over the past month. This stark contrast highlights the stock's underperformance relative to the broader market. The year-to-date performance of the Sensex is up by 6.02%, further emphasizing the challenges faced by Chandan Healthcare in attracting investor confidence compared to the overall market trend.
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