Why is Nagreeka Exports falling/rising?
As of 23-Sep, Nagreeka Exports Ltd's stock price is Rs 33.55, down 2.95% and has underperformed the sector and benchmark indices significantly. The stock has seen a drastic drop in delivery volume and a year-to-date decline of 6.81%, indicating weak investor confidence.
As of 23-Sep, Nagreeka Exports Ltd's stock price is currently at Rs 33.55, reflecting a decrease of Rs 1.02 or 2.95%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.51% during this period. Additionally, the stock has seen a significant drop in delivery volume, which fell by 87.91% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has underperformed the sector by 1.37%, and its year-to-date performance shows a decline of 6.81%, while the one-year return is down by 21.98%. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader market context reveals that while Nagreeka Exports has experienced a 22.89% increase over the past month, it has significantly underperformed the benchmark Sensex, which has only risen by 0.98% during the same timeframe. In the short term, the stock's performance has been notably weaker than the benchmark, particularly in the last week where it has declined by 15.66% compared to the Sensex's minor drop of 0.34%. This disparity highlights the challenges faced by Nagreeka Exports in maintaining investor confidence and market momentum amidst broader market conditions.
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