Why is Chrome Silicon falling/rising?
As of 25-Sep, Chrome Silicon Ltd's stock price is Rs 46.90, down 5.58% after significant volatility. Despite a 20.26% return over the past year, it has a year-to-date decline of 17.92%, underperforming its sector and the broader market.
As of 25-Sep, Chrome Silicon Ltd's stock price is currently at Rs 46.90, reflecting a decrease of Rs 2.77 or 5.58%. The stock opened the day with a gain of 4.69% but experienced significant volatility, reaching an intraday high of Rs 52 before dropping to a low of Rs 46.51. The stock has underperformed its sector by 4.21% today, and there has been a notable decline in investor participation, with delivery volume falling by 77.06% compared to the 5-day average. Over the past year, the stock has shown a positive return of 20.26%, but it has a year-to-date decline of 17.92%, indicating a challenging performance overall.In the broader market context, the Sensex has declined by 2.23% over the past week, while Chrome Silicon's stock has slightly underperformed with a decrease of 0.32%. Despite the stock's recent gains over the past month of 6.23%, the year-to-date performance contrasts sharply with the benchmark's positive return of 3.87%. The stock's higher volatility and the wide trading range today suggest a turbulent trading environment, which may be contributing to the downward pressure on the stock price, despite its previous positive momentum.
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