Why is Kreon Finnancial falling/rising?
As of 23-Jun, Kreon Finnancial Services Ltd's stock price is at 23.50, reflecting a decline of 1.38% and a significant drop of 49.43% over the past year. Despite a recent short-term recovery, the overall trend remains negative compared to the broader market.
As of 23-Jun, Kreon Finnancial Services Ltd is experiencing a decline in its stock price, currently at 23.50, which reflects a decrease of 0.33 or 1.38%. The stock has underperformed its sector by 1.91% today and has fallen after two consecutive days of gains. Additionally, the stock's performance over the past month shows a decline of 4.04%, and it has significantly underperformed over the year with a drop of 49.43%. The delivery volume has also seen a substantial decrease, falling by 85.63% against the 5-day average, indicating a drop in investor participation. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's short-term return of 1.38% over the past week is better than the Sensex, which only increased by 0.12%. However, the year-to-date performance shows a stark contrast, with Kreon Finnancial down 19.38% compared to the Sensex's gain of 4.81%. This indicates that while there may have been some recent short-term recovery, the overall trend for Kreon Finnancial remains negative when viewed in the context of the broader market performance.
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