Why is Goldstar Power falling/rising?
As of 30-Jun, Goldstar Power Ltd's stock price is at 9.60, reflecting a 3.03% decline and underperforming its sector. The stock has dropped significantly over the past year and is struggling against the broader market trends.
As of 30-Jun, Goldstar Power Ltd is experiencing a decline in its stock price, currently at 9.60, which reflects a decrease of 0.3 or 3.03%. The stock has underperformed its sector by 3.02% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with a delivery volume of 22.5k on 27 June, which is down by 33.33% compared to the 5-day average. Over the past year, the stock has seen a significant decline of 32.87%, while its year-to-date performance shows a drop of 13.51%. 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, Goldstar Power's short-term performance has been unfavorable compared to the benchmark, as it has declined by 1.54% over the past week, while the Sensex has increased by 2.18%. This trend continues over the past month, with Goldstar Power down 5.42% against a 3.10% rise in the Sensex. The stark contrast in performance indicates that the stock is struggling to keep pace with the overall market, contributing to its declining price.
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