Why is Crayons Advertis falling/rising?
As of 03-September, Crayons Advertising Ltd's stock price is 54.15, up 4.34%, but delivery volume has dropped significantly by 87.8%. Despite a strong short-term gain of 18.23% over the past week, the stock has a year-to-date decline of 43.45%, underperforming the Sensex, which has gained 4.53% this year.
As of 03-September, Crayons Advertising Ltd is experiencing a price increase, with its current price at 54.15, reflecting a rise of 2.25 or 4.34%. The stock has outperformed its sector by 4.2% today, although it is important to note that the delivery volume has significantly decreased by 87.8% compared to the 5-day average, indicating falling investor participation. In terms of returns, the stock has shown a strong short-term performance with an 18.23% increase over the past week, contrasting with a decline of 4.41% over the past month and a substantial year-to-date drop of 43.45%. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.In the broader market context, the Sensex has remained relatively stable, with a minimal increase of 0.01% over the past week, which highlights the stock's strong short-term performance relative to the benchmark. However, over longer periods, Crayons Advertising Ltd has underperformed the Sensex, with a year-to-date decline of 43.45% compared to the benchmark's gain of 4.53%. This disparity suggests that while the stock is currently experiencing a rise, its overall performance remains weak in the longer term, reflecting broader challenges faced by the company.
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