Why is P S Raj Steels falling/rising?
As of 18-Sep, P S Raj Steels Ltd is priced at Rs 190.50, down 1.37%, with strong recent returns but declining investor participation. Despite outperforming the Sensex, the stock's falling delivery volume raises concerns about future price stability.
As of 18-Sep, P S Raj Steels Ltd is currently priced at Rs 190.50, reflecting a decline of Rs 2.65 or 1.37%. The stock has shown strong performance over the past week and month, with returns of 27.85% and 27.00%, respectively. However, today it underperformed its sector by 1.77%. Despite trading above all key moving averages, the stock has experienced a significant drop in investor participation, with delivery volume falling by 62.08% compared to the 5-day average. There is no information available regarding positive or negative factors affecting the stock.In the broader market context, while P S Raj Steels has outperformed the Sensex over the past week and month, the benchmark index has only gained 1.67% and 2.20%, respectively. This indicates that the stock's recent decline may be influenced by a combination of reduced investor interest and sector underperformance, despite its strong short-term returns. The liquidity of the stock remains adequate for trading, but the falling delivery volume suggests a potential concern for future price stability.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
