Why is Cons. Finvest falling/rising?
As of 25-Aug, Consolidated Finvest & Holdings Ltd's stock price is 186.50, down 2.5%, and has underperformed its sector. It has declined consistently over eight weeks, with a year-to-date drop of 11.36%, contrasting with the Sensex's gains.
As of 25-Aug, Consolidated Finvest & Holdings Ltd is experiencing a decline in its stock price, currently at 186.50, which reflects a decrease of 4.78 or 2.5%. The stock has underperformed its sector by 1.44% today and has fallen after three consecutive days of gains. It has consistently declined over the past eight weeks, generating a total return of -100% during this period. Additionally, the stock has not traded on five out of the last twenty days, indicating erratic trading behavior. In terms of returns, the stock has shown a significant decline of 11.36% year-to-date and 18.36% over the past year, contrasting sharply with the Sensex, which has gained 5.60% and 0.58% respectively during the same periods.Broader Market Context: In the short term, the stock's performance has been notably weaker than the benchmark, as it has fallen by 0.42% over the past week while the Sensex has risen by 0.36%. This trend of underperformance is further emphasized by the stock's negative returns over the last month and year, compared to the positive returns of the benchmark. The rising investor participation, indicated by a 10.04% increase in delivery volume, suggests some interest in the stock despite its recent struggles. However, the overall liquidity remains adequate for trading, as it is based on 2% of the five-day average traded value.
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