Why is Globe Intl. Car. falling/rising?
As of 24-Oct, Globe International Carriers Ltd's stock price is declining at 42.35, down 4.62%, with a significant drop in delivery volume indicating reduced investor participation. Despite strong year-to-date and annual returns, the stock's recent 1-week decline of 8.53% suggests waning confidence among investors.
As of 24-Oct, Globe International Carriers Ltd is experiencing a decline in its stock price, currently at 42.35, which reflects a decrease of 2.05 or 4.62%. The stock has underperformed its sector today by 4.13%, and the delivery volume has significantly decreased by 49.28% compared to the 5-day average, indicating falling investor participation. Despite a strong year-to-date return of 73.21% and a remarkable 182.33% increase over the past year, the stock's recent performance shows a 1-week decline of 8.53%, which may be contributing to the current downward movement.In the broader market context, while the Sensex has shown a slight increase of 0.33% over the past week, Globe International Carriers Ltd's short-term performance has lagged behind this benchmark. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages, suggesting a mixed technical outlook. The liquidity remains adequate for trading, but the significant drop in delivery volume could signal a lack of confidence among investors, further exacerbating the stock's decline.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
