Why is Croissance Ltd falling/rising?
As of 17-Sep, Croissance Ltd's stock price is 2.64, down 0.38%, following a trend reversal after three days of gains. The stock has significantly underperformed its sector and the benchmark Sensex, with a year-to-date decline of 28.84%.
As of 17-Sep, Croissance Ltd's stock price is currently at 2.64, reflecting a decrease of 0.01 or 0.38%. The stock has recently experienced a trend reversal, having fallen after three consecutive days of gains. Additionally, it has underperformed its sector by 0.9% today. The stock's delivery volume has also decreased significantly, with a 29.08% drop compared to the 5-day average, indicating falling investor participation. Over the longer term, the stock has shown a substantial decline, with a year-to-date drop of 28.84% and a one-year decline of 35.77%, while it has underperformed the benchmark Sensex across various time frames.In the broader market context, Croissance Ltd's short-term return of 3.13% over the past week is better than the Sensex's return of 1.56%, suggesting some relative strength in the very short term. However, the stock's year-to-date performance contrasts sharply with the Sensex, which has gained 5.83% during the same period. This disparity highlights the challenges Croissance Ltd faces in regaining investor confidence and aligning its performance with broader market trends. The lack of positive factors in the dashboard further emphasizes the stock's struggles amidst a generally improving market environment.
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