Why is Optimus Finance falling/rising?
As of 13-Jun, Optimus Finance Ltd's stock price has risen to 19.62, reflecting a 4.92% gain today and a total return of 6.11% over the last two days. Despite recent short-term declines, the stock has significantly outperformed the Sensex over the past year with a 113.26% increase.
As of 13-Jun, Optimus Finance Ltd is experiencing a rise in its stock price, currently at 19.62, with an increase of 0.92, which translates to a 4.92% gain. The stock has shown a positive trend recently, outperforming its sector by 5.44% today and achieving consecutive gains over the last two days, resulting in a total return of 6.11% during this period. Despite a negative performance over the past week and month, with declines of 2.05% and 10.82% respectively, the stock has significantly outperformed the benchmark Sensex over the past year, with a remarkable increase of 113.26% compared to the Sensex's 5.61%. Additionally, the stock's delivery volume has surged by 3499.81% against the 5-day average, indicating rising investor participation, although there is no information available regarding positive or negative factors impacting the stock.In the broader market context, while the stock has faced challenges in the short term, it has still managed to outperform the Sensex over the past year. However, in the last week, the stock's decline of 2.05% contrasts with the Sensex's smaller drop of 1.30%, suggesting that while the stock is currently gaining, it has been underperforming relative to the benchmark in the short term. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, which supports its recent price movements.
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