Why is Crestchem falling/rising?
As of 28-Oct, Crestchem Ltd's stock price is at 122.50, reflecting a decline of 0.12% and a total drop of 5.48% over the last two days. The stock is underperforming significantly compared to the market, with a year-to-date decline of 56.26%, despite increased investor participation.
As of 28-Oct, Crestchem Ltd is experiencing a slight decline in its stock price, currently at 122.50, reflecting a decrease of 0.15 or 0.12%. The stock has been underperforming recently, with a consecutive fall over the last two days, resulting in a total decline of 5.48%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 137.75% against the 5-day average, suggesting some interest in the stock despite its recent struggles. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's movement.In the broader market context, Crestchem's performance over the past week shows a decline of 5.55%, while the benchmark Sensex has increased by 0.24%, highlighting a significant underperformance relative to the market. Over the past month, Crestchem's stock has decreased by 8.72%, contrasting sharply with the Sensex's gain of 5.22%. Year-to-date, Crestchem has seen a staggering decline of 56.26%, while the Sensex has risen by 8.30%. This stark difference in performance underscores the challenges Crestchem is facing compared to the overall market, contributing to the negative sentiment surrounding its stock.
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