Why is Croissance Ltd falling/rising?
As of 16-Sep, Croissance Ltd's stock price is at 2.65, having increased slightly by 0.38% over the last three days, but it has significantly underperformed its sector and the Sensex over longer periods, with year-to-date and one-year declines of 28.57% and 38.08%, respectively. Investor participation has decreased, indicating a potential lack of confidence.
As of 16-Sep, Croissance Ltd's stock price is currently at 2.65, reflecting a slight increase of 0.01 or 0.38%. The stock has been gaining for the last three days, with a total return of 5.16% during this period. However, it has underperformed its sector by 0.67% today. Despite this recent uptick, the stock has shown significant declines over longer periods, with a year-to-date drop of 28.57% and a one-year decline of 38.08%. Additionally, investor participation has decreased, with delivery volume falling by 33.38% against the five-day average, indicating a potential lack of confidence among investors. There is no information available regarding positive or negative factors that could further explain these movements.Broader market context shows that Croissance Ltd's recent performance contrasts with the benchmark, as it has underperformed the Sensex by 1.12% over the past week, while the Sensex has gained 1.58%. Over the past month, however, Croissance Ltd has outperformed the benchmark with a return of 3.92% compared to the Sensex's 2.21%. Despite this short-term outperformance, the stock's long-term performance remains concerning, with substantial declines over three and five years compared to the benchmark's gains during the same periods.
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