Why is Kokuyo Camlin falling/rising?
As of 19-Sep, Kokuyo Camlin Ltd's stock price is 113.50, down 0.22%, and has declined 2.07% over the last two days, trading below all major moving averages. The stock has underperformed significantly compared to the Sensex, with a year-to-date drop of 12.02% and a yearly decline of 47.98%.
As of 19-Sep, Kokuyo Camlin Ltd is experiencing a decline in its stock price, currently at 113.50, which reflects a decrease of 0.25 or 0.22%. The stock has been losing value for the last two days, resulting in a total drop of 2.07% during this period. Additionally, Kokuyo Camlin is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume on September 18 was 20.34k, which is a significant drop of 56.29% compared to the 5-day average, suggesting a decrease in investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Kokuyo Camlin's performance over the past week shows a decline of 0.83%, while the Sensex has increased by 0.88%. This underperformance is also evident in the year-to-date returns, where Kokuyo Camlin has fallen by 12.02%, contrasting sharply with the Sensex's gain of 5.74%. Over the past year, the stock has plummeted by 47.98%, while the benchmark has only slightly decreased by 0.67%. This stark difference highlights the challenges faced by Kokuyo Camlin in comparison to the overall market performance.
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