Why is Crest Ventures falling/rising?
As of 24-Oct, Crest Ventures Ltd is currently priced at Rs 396.20, reflecting a 3.43% increase and strong recent performance with a 12.3% gain over the past week. Despite a challenging year-to-date return, its impressive three-year growth of +130.28% indicates a strong long-term trajectory.
As of 24-Oct, Crest Ventures Ltd is experiencing a price increase, currently at Rs 396.20, reflecting a rise of Rs 13.15 or 3.43%. The stock has shown strong performance recently, gaining 12.3% over the past week and outperforming its sector by 3.3% today. It has been on a consecutive gain streak for the last three days, and it is trading above all key moving averages, indicating positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 254.52% compared to the five-day average. Unfortunately, the positive and negative factors dashboard is not available, so we cannot assess any specific influences from that perspective.In the broader market context, Crest Ventures' short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.31% over the same week. While the stock has had a challenging year-to-date return of -6.89% compared to the Sensex's +7.77%, its impressive three-year return of +130.28% against the benchmark's +40.75% suggests a strong long-term growth trajectory. This contrast highlights the stock's recent resurgence amid a generally stable market environment, contributing to its current upward price movement.
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