Why is Croissance Ltd falling/rising?
As of 15-Sep, Croissance Ltd's stock price is 2.64, up 0.76% recently but down 28.84% year-to-date, with significant underperformance compared to its sector and the broader market. Investor interest has waned, as indicated by a 63.13% drop in delivery volume.
As of 15-Sep, Croissance Ltd's stock price is currently at 2.64, reflecting an increase of 0.02 or 0.76%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 4.76% during this period. However, it has underperformed its sector by 1.39% today. Over the past week, the stock has declined by 2.22%, while it has seen a modest increase of 3.53% over the last month. Year-to-date, the stock is down significantly by 28.84%, and its longer-term performance remains poor, with a 37.29% decline over the past year and a staggering 58.10% drop over three years. Notably, investor participation has decreased, with delivery volume falling by 63.13% compared to the five-day average, indicating reduced interest in the stock.Broader market context shows that while Croissance Ltd has struggled, the Sensex has performed better, gaining 1.24% over the past week and 1.47% over the last month. The construction and real estate sector, in which Croissance operates, has seen a gain of 2.28%, suggesting that the broader market is experiencing positive momentum. Despite this, Croissance Ltd's significant underperformance relative to both the sector and the benchmark indices indicates ongoing challenges for the company, which may be contributing to the stock's volatility and investor hesitation.
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