Why is Cosmic CRF falling/rising?
As of 04-Jul, Cosmic CRF Ltd's stock price is Rs 1,561.00, up 5.05% today, but shows declining investor participation with a 37.66% drop in delivery volume. Despite recent gains, its year-to-date performance lags behind the Sensex, indicating weaker long-term performance relative to the broader market.
As of 04-Jul, Cosmic CRF Ltd is experiencing a price increase, currently at Rs 1,561.00, reflecting a rise of Rs 75.0 or 5.05%. The stock has shown a strong performance today, outperforming its sector by 5.69% and reaching an intraday high of Rs 1,564, which is a 5.25% increase. Over the past week, the stock has gained 2.16%, while its one-month return stands at 10.40%. However, there are signs of declining investor participation, with delivery volume dropping by 37.66% against the five-day average. The stock's moving averages indicate it is performing better than the 5-day, 50-day, 100-day, and 200-day averages, but is lower than the 20-day moving average. 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, Cosmic CRF Ltd's short-term performance has been favorable compared to the benchmark Sensex, which has declined by 0.74% over the past week. While the stock has shown a year-to-date return of 0.71%, it still lags behind the Sensex's 6.77% return. This indicates that despite the recent price rise, the stock's overall performance over a longer period remains less favorable compared to the broader market. The liquidity of the stock is adequate for trading, as it is based on 2% of the five-day average traded value, allowing for a trade size of Rs 0.03 crore.
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