Why is Covance Softsol falling/rising?

Sep 24 2025 12:18 AM IST
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As of 23-Sep, Covance Softsol Ltd's stock price is at Rs. 41.94, marking a 1.99% increase and reaching a new all-time high. The stock has gained 51.14% over the last 21 days, significantly outperforming the Sensex, despite a slight decline in investor participation.
As of 23-Sep, Covance Softsol Ltd's stock price is rising, currently at Rs. 41.94, reflecting an increase of Rs. 0.82 or 1.99%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, resulting in a remarkable 51.14% return during this period. Additionally, Covance Softsol is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a slight decline in investor participation, with delivery volume decreasing by 0.4% against the 5-day average, which may suggest some caution among investors.

In the broader market context, Covance Softsol has significantly outperformed the benchmark Sensex, which has declined by 0.34% over the past week while the stock itself has risen by 10.37%. Over the last month, Covance Softsol has achieved a remarkable return of 51.16%, compared to the Sensex's modest gain of 0.98%. This stark contrast highlights the stock's strong performance relative to the broader market, reinforcing the positive sentiment surrounding Covance Softsol amidst a generally lackluster market environment.
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