Why is Crystal Business falling/rising?
As of 29-Oct, Crystal Business System Ltd's stock price is Rs. 2.08, down 2.35%, and has reached a 52-week low of Rs. 1.95. The stock has underperformed significantly compared to the broader market, with a year-to-date decline of 30.67% and reduced investor interest.
As of 29-Oct, Crystal Business System Ltd is experiencing a decline in its stock price, currently at Rs. 2.08, which reflects a decrease of Rs. 0.05 or 2.35%. The stock has hit a new 52-week low of Rs. 1.95 today and has been underperforming its sector by 4.08%. Over the past week, the stock has fallen by 2.35%, and it has shown a significant decline of 30.67% year-to-date. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume falling by 25.82% compared to the 5-day average, suggesting reduced interest in the stock.In the broader market context, the Sensex has increased by 0.68% over the past week, contrasting sharply with Crystal Business's decline. This underperformance is further highlighted by the stock's returns over the past month, which show a decrease of 7.96% compared to the Sensex's gain of 5.76%. The stark difference in performance indicates that while the broader market is experiencing growth, Crystal Business is struggling significantly, which may be contributing to the negative sentiment surrounding the stock.
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