Why is Parshwanath Corp falling/rising?
As of 17-Sep, Parshwanath Corporation Ltd's stock price is at 90.93, with no change and a year-to-date decline of 26.63%. Despite a rise in investor participation, the stock has underperformed its sector and broader market, indicating significant struggles.
As of 17-Sep, Parshwanath Corporation Ltd's stock price is currently at 90.93, showing no change (0.00%). The stock has underperformed its sector by 0.34% today and has experienced erratic trading, not trading on 2 out of the last 20 days. In terms of returns, the stock has declined by 1.99% over the past week and 4.43% over the past month, while it has a year-to-date decline of 26.63%. Although the stock is trading higher than its 20-day moving average, it is below its 5-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 11.11% against the 5-day average, indicating some interest despite the overall downward trend.Broader market context shows that the Sensex has increased by 1.56% over the past week and 2.60% over the past month, contrasting sharply with Parshwanath Corporation's declines. This suggests that broader market conditions are favorable, yet the company is struggling significantly, as evidenced by its year-to-date performance compared to the benchmark's gain of 5.83%. The lack of available positive or negative factors in the dashboard limits further analysis of specific influences on the stock's recent movement.
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