Why is Parker Agrochem falling/rising?
As of 11-Aug, Parker Agrochem Exports Ltd is priced at 15.20, with a year-to-date decline of 21.97% and a 9.58% drop over the past week, significantly underperforming both its sector and the broader market. The stock is trading below all key moving averages, and investor participation has decreased notably.
As of 11-Aug, Parker Agrochem Exports Ltd is currently priced at 15.20, showing no change (0.00%). The stock has underperformed its sector by 1.35% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 9.58%, and it has also seen a significant year-to-date drop of 21.97%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 21.9% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Parker Agrochem's short-term performance has been significantly worse than the benchmark, with a 1-week decline of 9.58% compared to the Sensex's slight decrease of 0.51%. This stark contrast indicates that the stock is not only struggling relative to its own historical performance but also underperforming against the overall market trend. The year-to-date performance further highlights this disparity, as the stock has dropped 21.97% while the Sensex has gained 3.15%.
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