Why is Olympic Cards falling/rising?
As of 13-Nov, Olympic Cards Ltd is facing a significant decline in its stock price, currently at 2.82, down 5.69%, and has underperformed its sector and the broader market. The stock has shown a year-to-date decline of 28.61%, with a notable drop in investor participation and no positive factors to improve its performance.
As of 13-Nov, Olympic Cards Ltd is experiencing a decline in its stock price, currently at 2.82, which reflects a decrease of 0.17 or 5.69%. The stock has underperformed its sector by 5.38% today, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 85.49% compared to the 5-day average. Over the past month, the stock has decreased by 5.69%, and it has shown a year-to-date decline of 28.61%, indicating a persistent downward trend without any available positive factors to counterbalance this performance.In the broader market context, the Sensex has shown a positive return of 1.40% over the past week and 2.61% over the past month, contrasting sharply with Olympic Cards' negative returns. This underperformance highlights the stock's struggle against the benchmark, which has gained 8.11% year-to-date. The stark difference in performance suggests that while the overall market is experiencing growth, Olympic Cards is facing significant challenges that are contributing to its falling stock price.
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