Why is Contil India falling/rising?
As of 18-Nov, Contil India Ltd's stock price is Rs 29.45, down 5.0% after six consecutive days of decline, totaling a -15.93% return. The stock has underperformed its sector and the benchmark Sensex, with a year-to-date decline of 33.85%.
As of 18-Nov, Contil India Ltd is experiencing a decline in its stock price, currently at Rs 29.45, which represents a decrease of 1.55 or 5.0%. The stock has been underperforming significantly, having fallen for the last six consecutive days, resulting in a total return of -15.93% during this period. Additionally, the stock's performance today has underperformed its sector by 4.22%. Over the past week, the stock has seen a substantial drop of 14.39%, while its year-to-date performance shows a decline of 33.85%. The delivery volume has also decreased by 23.39% compared to the five-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 Sensex, which has gained 0.96% over the past week, Contil India’s performance has been notably poor. While the Sensex has shown a modest increase of 0.86% over the past month, Contil India has managed a positive return of 18.56% in the same timeframe, although this is overshadowed by its significant year-to-date decline. The broader market context suggests that while the overall market is experiencing gains, Contil India is struggling to maintain investor confidence, contributing to its recent price decline.
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