Why is Parker Agrochem falling/rising?
As of 14-Nov, Parker Agrochem Exports Ltd's stock price is declining at 18.75, down 4.58% and has fallen for six consecutive days, resulting in an 18.41% total return loss. The stock is underperforming its sector and the broader market, with significant reductions in delivery volume indicating low investor interest.
As of 14-Nov, Parker Agrochem Exports Ltd is experiencing a decline in its stock price, currently at 18.75, which represents a decrease of 0.9 or 4.58%. The stock has been underperforming significantly, having fallen for the last six consecutive days, resulting in a total return of -18.41% during this period. Additionally, the stock has underperformed its sector by 5.45% today. The delivery volume has also seen a drastic reduction, falling by 96.26% against the 5-day average, indicating a lack of investor participation. While the stock's price is higher than its 100-day and 200-day moving averages, it is lower than its 5-day, 20-day, and 50-day moving averages, suggesting a bearish trend. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context shows that Parker Agrochem's short-term performance is notably worse than the benchmark, with a 1-week return of -18.37% compared to the Sensex's gain of 1.62%. Over the past month, the stock has also declined by 5.92%, while the Sensex has increased by 3.09%. Year-to-date, Parker Agrochem has a slight decline of 3.75%, contrasting with the Sensex's rise of 8.22%. Despite a strong performance over the longer term, with a 3-year return of 98.41% compared to the Sensex's 37.22%, the recent trends indicate a significant downturn that is not aligned with broader market movements.
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