Why is Comrade Applian. falling/rising?
As of 04-Sep, Comrade Appliances Ltd's stock price has declined to Rs 105.24, down 5.99% and underperforming its sector. Despite a recent short-term gain of 9.00%, its year-to-date performance shows a significant decline of 16.81%, indicating ongoing struggles relative to the market.
As of 04-Sep, Comrade Appliances Ltd is experiencing a decline in its stock price, currently at Rs 105.24, which represents a decrease of Rs 6.71 or 5.99%. The stock has underperformed its sector by 5.41% today and has fallen after four consecutive days of gains. It touched an intraday low of Rs 105.24, and the weighted average price indicates that more volume was traded closer to this low price. Despite a recent increase in delivery volume by 86.57% against the 5-day average, the stock's year-to-date performance shows a significant decline of 16.81%, and it has fallen 26.92% over the past year. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's performance over the past week shows a gain of 9.00%, which is significantly higher than the Sensex's increase of 0.80%. However, the stock's year-to-date performance is notably worse than the benchmark, which has gained 3.30% during the same period. This contrast highlights the stock's struggles relative to the overall market, particularly as it continues to face downward pressure despite some short-term gains.
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