Why is Party Cruisers falling/rising?

Jul 02 2025 10:28 PM IST
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As of 02-Jul, Party Cruisers Ltd's stock price is Rs 80.45, down 1.29%, and has underperformed with a 1-month return of -5.91% compared to the Sensex's 2.98% gain. The stock is trading below moving averages and is close to its 52-week low, indicating a bearish trend and decreased investor interest.
As of 02-Jul, Party Cruisers Ltd's stock price is currently at Rs 80.45, reflecting a decrease of Rs 1.05 or 1.29%. The stock has been underperforming in the short term, with a 1-month return of -5.91%, while the benchmark Sensex has gained 2.98% during the same period. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The stock is also close to its 52-week low, being only 4.29% away from Rs 77. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 37.5% compared to the 5-day average, which suggests a lack of interest from investors.

In the broader market context, Party Cruisers' short-term performance contrasts sharply with the Sensex, which has shown a positive return of 0.83% over the past week. This underperformance is further highlighted by the stock's year-to-date decline of 39.03%, while the Sensex has risen by 7.65%. The overall market environment appears to be more favorable for the benchmark, which could be contributing to the stock's struggles. Unfortunately, there is no information available regarding specific positive or negative factors that could further clarify the reasons behind the stock's recent movement.
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