Why is Lime Chemicals falling/rising?
As of 13-Nov, Lime Chemicals Ltd's stock price is at 14.99, up 3.38% over two days, but down 37.54% year-to-date and 46.46% over the past year. While it has recently outperformed its sector and the benchmark Sensex in the short term, it continues to struggle with long-term declines.
As of 13-Nov, Lime Chemicals Ltd's stock price is currently at 14.99, reflecting an increase of 0.49 or 3.38%. The stock has been gaining for the last two days, with a total return of 4.97% during this period, which has allowed it to outperform its sector by 4.35%. However, despite this recent uptick, the stock has experienced a significant decline over longer periods, with a year-to-date drop of 37.54% and a one-year decline of 46.46%. The stock's delivery volume has also seen a notable increase, rising by 123.84% against the five-day average, indicating rising investor participation. 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, Lime Chemicals' recent performance contrasts with the benchmark Sensex, which has shown a modest gain of 1.40% over the past week. While the stock has outperformed the benchmark in the short term, it has underperformed significantly over the longer term, with a one-month decline of 6.31% compared to the Sensex's gain of 2.61%. This disparity highlights the challenges Lime Chemicals faces in regaining investor confidence, despite its recent positive momentum.
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