Why is Cindrella Fin. falling/rising?
As of 22-Sep, Cindrella Financial Services Ltd's stock price is flat at Rs 10.83, with a recent short-term recovery of +4.94% over the past week, but it has significantly underperformed in the long term with declines of -15.85% over the month and -27.61% year-to-date. The stock faces challenges such as decreased investor interest and liquidity issues, contributing to its inability to sustain upward momentum.
As of 22-Sep, Cindrella Financial Services Ltd's stock price is flat, currently at Rs 10.83 with no change (0.00%). The stock has shown a mixed performance recently, with a 1-week return of +4.94%, indicating a short-term recovery, but it has significantly underperformed over the longer term, with a 1-month decline of -15.85% and a year-to-date drop of -27.61%. Today's price summary indicates that the stock is 4.71% away from its 52-week low and has underperformed its sector by -0.42%. Additionally, there has been erratic trading, with the stock not trading on 3 out of the last 20 days, and a notable decrease in investor participation, as evidenced by a 74.46% drop in delivery volume compared to the 5-day average.In the broader market context, Cindrella Financial Services Ltd's short-term performance of +4.94% over the past week contrasts sharply with the Sensex, which has only increased by +0.46%. However, the stock's longer-term performance remains concerning, with a significant decline compared to the benchmark, which has gained +5.15% year-to-date. This disparity highlights the challenges faced by the company, including falling investor interest and liquidity issues, which may contribute to the stock's inability to maintain upward momentum despite recent short-term gains.
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