Why is Ludlow Jute falling/rising?
As of 23-Sep, Ludlow Jute & Specialities Ltd's stock price is Rs 420.00, down 0.9%, with a significant decline in delivery volume. Despite recent short-term challenges, the stock has a strong year-to-date increase of 63.39%, outperforming the benchmark Sensex.
As of 23-Sep, Ludlow Jute & Specialities Ltd's stock price is currently at Rs 420.00, reflecting a decrease of Rs 3.8 or 0.9%. The stock has underperformed its sector by 0.28% today, with an intraday low of Rs 412, marking a decline of 2.78%. Over the past week, the stock has shown no change, while it has decreased by 3.87% over the past month. Despite a remarkable year-to-date increase of 63.39% and a substantial 141.38% rise over the past year, the recent performance indicates a decline in investor participation, with delivery volume dropping by 96.97% against the five-day average. There is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 0.34% over the past week and increased by 0.98% over the past month, Ludlow Jute's short-term performance has been relatively stable, showing no change in the same one-week period. However, the stock's longer-term performance significantly outpaces the benchmark, with a year-to-date return of 63.39% compared to the Sensex's 5.07%. This suggests that while the stock may be experiencing short-term challenges, its overall performance remains strong relative to the broader market trends.
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