Why is First Custodian falling/rising?
As of 15-Oct, First Custodian Fund(I) Ltd is priced at 87.00, with a year-to-date decline of 42.38% and significant underperformance compared to its sector and the Sensex. The stock shows reduced trading interest, evidenced by a 99.3% drop in delivery volume compared to the 5-day average.
As of 15-Oct, First Custodian Fund(I) Ltd is currently priced at 87.00, showing no change (0.00%). The stock has underperformed its sector by 2.16% today, and while it is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.66%, and it has experienced a significant year-to-date drop of 42.38%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 99.3% compared to the 5-day average, indicating reduced trading interest. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.In the broader market context, the finance/NBFC sector has gained by 2.24%, contrasting sharply with First Custodian's recent performance. The stock's short-term return has significantly lagged behind the benchmark, as evidenced by its 1-week decline compared to the Sensex's increase of 1.02%. This underperformance is further highlighted by the stock's year-to-date return of -42.38%, while the Sensex has risen by 5.72% during the same period. Overall, the combination of declining investor interest and poor relative performance against the benchmark suggests a challenging environment for First Custodian Fund(I) Ltd.
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