Why is Crystal Business falling/rising?
As of 06-Aug, Crystal Business System Ltd's stock price is Rs. 2.17, down 4.41%, marking a new 52-week low and a total decline of 11.43% over the past week. The stock is underperforming the market significantly, with a year-to-date drop of 27.67% compared to a 3.08% increase in the Sensex.
As of 06-Aug, Crystal Business System Ltd is experiencing a decline in its stock price, currently at Rs. 2.17, reflecting a decrease of 0.1 or 4.41%. The stock has hit a new 52-week low today and has been on a downward trend, losing value for the last four consecutive days, resulting in a total decline of 11.43% over the past week. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 112.56% against the 5-day average, the overall performance remains weak, underperforming the sector by 3.08%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's performance has significantly lagged behind the benchmark, with a year-to-date decline of 27.67% compared to a 3.08% increase in the Sensex. Over the past month, Crystal Business has fallen by 17.49%, while the Sensex has only decreased by 3.46%. This stark contrast highlights the stock's underperformance relative to the market, further contributing to investor concerns and the stock's declining price.
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