Why is Delaplex falling/rising?
As of 15-Sep, Delaplex Ltd's stock price is at 131.05, down 0.11%. The stock has underperformed year-to-date with a 37.55% decline, despite a recent increase in trading activity and a short-term alignment with the Sensex.
As of 15-Sep, Delaplex Ltd's stock price is currently at 131.05, reflecting a decrease of 0.15, or 0.11%. The stock has shown a mixed performance recently; it has outperformed its sector today by 0.36%, although it has experienced a decline of 3.11% over the past month and a significant drop of 37.55% year-to-date. Notably, the stock hit a new 52-week low of Rs.126 today. Despite this, there has been a rise in investor participation, with delivery volume increasing by 45.16% compared to the 5-day average, indicating some interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Delaplex's short-term return over the past week is aligned with the Sensex, both showing an increase of 1.20%. However, the stock's longer-term performance has been considerably weaker compared to the benchmark, with a year-to-date decline of 37.55% against the Sensex's gain of 6.02%. This stark contrast highlights the challenges Delaplex is facing in the market, despite some short-term gains and increased trading activity.
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