Why is Kopran falling/rising?
As of 18-Nov, Kopran Ltd's stock price is Rs. 136.30, down 2.33%, and has reached a 52-week low. The stock has declined 15.47% over the last six days and 36.29% year-to-date, indicating a persistent downward trend and underperformance compared to the broader market.
As of 18-Nov, Kopran Ltd's stock price is currently at Rs. 136.30, reflecting a decrease of Rs. 3.25, or 2.33%. The stock has hit a new 52-week low of Rs. 135.55 today and has been on a consecutive decline for the last six days, resulting in a total drop of 15.47% during this period. Additionally, the stock has underperformed its sector by 1.71%. Over the past week, Kopran has experienced a significant decline of 14.38%, and year-to-date, it has fallen by 36.29%, indicating a persistent downward trend. There is also a noted decrease in investor participation, with delivery volume falling by 16.27% compared to the five-day average, suggesting waning interest among investors.In the broader market context, the Sensex has shown a positive return of 0.96% over the past week, contrasting sharply with Kopran's significant decline. This disparity highlights the stock's underperformance relative to the benchmark. While the overall market has been gaining, Kopran's continued losses and inability to recover above its moving averages further emphasize its struggles. The lack of positive factors in the provided data suggests that there are no immediate catalysts to reverse the current negative sentiment surrounding the stock.
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