Why is Indian Sucrose falling/rising?
As of 13-Oct, Indian Sucrose Ltd's stock price has declined to Rs 88.44, down 4.57%, and has underperformed its sector significantly. The stock shows high volatility and decreased investor participation, with substantial declines over various timeframes, contrasting sharply with the broader market's positive performance.
As of 13-Oct, Indian Sucrose Ltd is experiencing a decline in its stock price, currently at Rs 88.44, which represents a decrease of Rs 4.24 or 4.57%. The stock has underperformed its sector by 3.64% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 82, reflecting a significant drop of 11.52%. The stock has shown high volatility with an intraday volatility of 6.77%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 18.64% compared to the 5-day average. The stock's performance over the past week, month, year-to-date, and year shows substantial declines of 4.19%, 5.91%, 26.15%, and 34.97%, respectively, indicating a persistent downward trend.In the broader market context, the Sensex has shown a positive return of 0.66% over the past week and 0.52% over the past month, contrasting sharply with Indian Sucrose's negative returns. The stock's year-to-date performance is significantly worse than the benchmark, which has gained 5.36% during the same period. This underperformance suggests that while the overall market is experiencing gains, Indian Sucrose is struggling, likely due to the factors mentioned above, including high volatility and falling investor interest.
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