Why is Coral India Fin. falling/rising?
As of 07-Nov, Coral India Finance & Housing Ltd's stock price is Rs 40.49, down 2.97%, and has underperformed its sector and the benchmark Sensex significantly. The stock is trading below all major moving averages, indicating a bearish trend, with a notable decline in investor participation.
As of 07-Nov, Coral India Finance & Housing Ltd is experiencing a decline in its stock price, currently at Rs 40.49, which reflects a decrease of Rs 1.24 or 2.97%. The stock has underperformed its sector by 4.49% today, with an intraday high of Rs 44 and a low of Rs 40.49. The stock has shown high volatility, with an intraday volatility of 7.45%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has significantly decreased by 70.77% compared to the 5-day average, suggesting a decline in investor participation, which may contribute to the downward pressure on the stock price. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Coral India Finance & Housing Ltd has underperformed the benchmark Sensex over the past week, with a return of -7.11% compared to the Sensex's -0.86%. Over the past month, the stock has decreased by 8.99%, while the Sensex has increased by 1.57%. Year-to-date, the stock has fallen by 29.10%, contrasting sharply with the Sensex's gain of 6.50%. This significant underperformance relative to the benchmark indicates a challenging environment for the stock, further exacerbated by the recent decline in investor interest and liquidity.
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