Why is CRISIL falling/rising?
As of 30-Jun, CRISIL Ltd. is currently priced at 6,050.05, reflecting a 0.97% increase, with strong performance metrics including a 42.27% annual return and high institutional backing. The stock has consistently outperformed the market, indicating robust investor confidence and liquidity.
As of 30-Jun, CRISIL Ltd. is experiencing a price increase, currently at 6,050.05, reflecting a rise of 58.3 or 0.97%. The stock has shown a positive performance today, gaining 2.02% over the last two days and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a slight decline in delivery volume, the stock's liquidity remains adequate for trading. Over the past year, CRISIL has generated a substantial return of 42.27%, outperforming the BSE 500 index in both the long term and near term, which is indicative of strong market confidence. The company's high management efficiency, characterized by a return on equity (ROE) of 29.29%, and a low debt-to-equity ratio further bolster its appeal to investors.In the broader market context, CRISIL's short-term return of 4.87% over the past week significantly surpasses the Sensex's return of 2.09%, indicating a strong performance relative to the benchmark. This trend of outperforming the market is consistent with the stock's performance over the last month, where it achieved a return of 15.34% compared to the Sensex's 2.65%. The high institutional holdings at 20.08% suggest that informed investors are backing the stock, which may contribute to its upward momentum. Overall, the combination of strong financial metrics, positive recent performance, and institutional support is driving CRISIL's stock price higher.
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