Why is Pagaria Energy falling/rising?
As of 17-Sep, Pagaria Energy Ltd's stock price is at 12.69, showing a recent increase after a prolonged decline, but it has underperformed over the past week and month. Despite this, the stock has a strong long-term performance with a 67.86% increase over the past year.
As of 17-Sep, Pagaria Energy Ltd's stock price is currently at 12.69, reflecting an increase of 0.6 or 4.96%. The stock has shown a trend reversal, gaining after 12 consecutive days of decline. Notably, it has outperformed its sector by 4.18% today. The stock's delivery volume has significantly increased, rising by 6414.12% compared to the 5-day average, indicating a surge in investor participation. Despite this positive movement, the stock's performance over the past week and month has been negative, with declines of 8.84% and 6.35%, respectively. The stock's long-term performance remains strong, with a 67.86% increase over the past year and an impressive 259.49% rise over the last three years.In the broader market context, the Sensex has shown a positive return of 1.56% over the past week and 2.60% over the past month, contrasting with Pagaria Energy's recent declines. However, the stock's year-to-date performance is not available, while the Sensex has gained 5.83% this year. The significant drop in the stock's price over the past week and month suggests that it has underperformed relative to the benchmark during these periods. Nonetheless, the recent uptick in price and increased trading volume may indicate a potential recovery, although the stock's short-term performance remains below that of the broader market.
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