Why is Chrome Silicon falling/rising?
As of 02-Sep, Chrome Silicon Ltd's stock price is at 43.99, down 3.02%, with a significant monthly decline of 10.92% and a year-to-date drop of 23.01%. The stock has underperformed its sector and the broader market, indicating weak investor participation and challenging market conditions.
As of 02-Sep, Chrome Silicon Ltd's stock price is currently at 43.99, reflecting a decrease of 1.37, or 3.02%. The stock has underperformed its sector today by 0.27% and has experienced a trend reversal, gaining after two consecutive days of decline. In terms of returns, the stock has seen a significant drop of 10.92% over the past month and a year-to-date decline of 23.01%. Additionally, the delivery volume has decreased by 47.42% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In comparison to the benchmark, the Sensex has only declined by 0.55% over the past month, suggesting that Chrome Silicon's performance is notably weaker. The stock's year-to-date performance is also concerning, as it has fallen significantly while the Sensex has gained 2.58%. This disparity highlights the challenges Chrome Silicon is facing in the current market environment, contributing to its declining stock price.
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