Why is Coral India Fin. falling/rising?
As of 23-Jun, Coral India Finance & Housing Ltd's stock price is at 46.97, reflecting a slight decline of 0.04%. Despite recent short-term gains, the stock has underperformed year-to-date, down 17.76% compared to the Sensex's 4.81% increase.
As of 23-Jun, Coral India Finance & Housing Ltd is experiencing a slight decline in its stock price, currently at 46.97, which reflects a decrease of 0.02 or 0.04%. The stock has shown a mixed performance in recent periods, with a 4.38% increase over the past week and a 7.36% rise over the past month. However, it has underperformed today by 0.57% against its sector. The stock's moving averages indicate that it is performing better than the 5-day, 20-day, 50-day, and 100-day averages, but it remains below the 200-day average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 130.16% compared to the 5-day average, suggesting growing interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Coral India Finance & Housing Ltd's short-term performance has outpaced the benchmark Sensex, which has only increased by 0.12% over the past week and 0.22% over the past month. However, the stock has significantly underperformed on a year-to-date basis, with a decline of 17.76% compared to the Sensex's gain of 4.81%. This disparity indicates that while the stock has shown some resilience in the short term, it faces challenges in the longer term, contributing to its current price decline.
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