Why is Pan India Corpor falling/rising?
As of 16-Sep, Pan India Corporation Ltd's stock price is 2.42, up 1.26% today, with recent gains leading to a total return of 3.86% over two days. Despite outperforming its sector in the short term, it has a year-to-date decline of 27.98% and a one-year decline of 8.33%.
As of 16-Sep, Pan India Corporation Ltd is experiencing a price increase, with its current price at 2.42, reflecting a change of 0.03 or 1.26% upward. The stock has shown a positive performance today, outperforming its sector by 0.98% and achieving consecutive gains over the last two days, resulting in a total return of 3.86% during this period. Additionally, the stock has performed well over the past week and month, with returns of 4.31% and 10.50%, respectively. However, it is important to note that the stock has a year-to-date decline of 27.98% and a one-year decline of 8.33%. The rising investor participation, indicated by a 10.69% increase in delivery volume, suggests growing interest in the stock, although there is no specific information available regarding positive or negative factors impacting its recent movement.Broader market context shows that while Pan India Corporation has outperformed the Sensex in the short term, with a 1W return of 4.31% compared to the Sensex's 1.58%, it still lags significantly in the longer term, particularly over three years, where it has declined by 23.90% against the Sensex's impressive gain of 40.01%. This contrast highlights the stock's volatility and the challenges it faces in recovering from its substantial year-to-date losses, despite recent positive momentum.
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