Why is Choksi Laborator falling/rising?
As of 01-Sep, Choksi Laboratories Ltd is priced at Rs 202.00, down 1.44% and has declined 10.24% over the past week. Despite strong long-term returns and increased institutional interest, recent poor performance and low delivery volumes have created cautious sentiment among retail investors.
As of 01-Sep, Choksi Laboratories Ltd is currently priced at Rs 202.00, reflecting a decrease of Rs 2.95, or 1.44%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 10.24% over the past week. Today's trading saw the stock reach an intraday low of Rs 200.1, and it is currently trading below its 5-day and 20-day moving averages, despite being higher than its 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 78.73% compared to the 5-day average. While the stock has generated impressive returns of 174.49% over the past year, its recent performance contrasts sharply with this long-term success.In the broader market context, the stock's short-term performance has notably lagged behind the benchmark, with the Sensex declining only 1.56% over the same week. Despite this recent downturn, institutional investors have shown increasing interest, raising their stake by 2.37% in the last quarter, indicating confidence in the company's fundamentals. The stock's valuation remains attractive, trading at a discount compared to its peers, and it has consistently outperformed the BSE500 over the past three years. However, the recent drop in delivery volumes and consecutive losses may be contributing to a cautious sentiment among retail investors, overshadowing the positive factors that have historically supported the stock's growth.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
