Why is Creative Graphic falling/rising?
As of 17-Jul, Creative Graphics Solutions India Ltd is seeing a price increase to 207.90, reflecting a positive short-term performance despite a decline in investor participation and a year-to-date underperformance compared to the Sensex. The stock is trading above key moving averages, indicating a strong upward trend.
As of 17-Jul, Creative Graphics Solutions India Ltd is experiencing a price increase, currently at 207.90, which reflects a rise of 1.9 or 0.92%. The stock has shown positive performance today, outperforming its sector by 0.84%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there is a notable decline in investor participation, with delivery volume on 16 July falling by 65.61% compared to the 5-day average. Over the past week, the stock has gained 3.48%, while it has increased by 3.61% over the past month, contrasting with the Sensex, which has decreased by 0.96% in the same week and increased by only 1.04% in the last month.In the broader market context, Creative Graphics has underperformed year-to-date with a decline of 4.39%, while the Sensex has risen by 6.20%. However, over the past year, the stock has outperformed the benchmark, gaining 7.66% compared to the Sensex's 2.03%. This suggests that while the stock is currently rising, it has faced challenges in the longer term. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.01 crore. Overall, the recent price increase can be attributed to its strong short-term performance and favorable moving averages, despite the decline in investor participation.
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