Why is Pasupati Acrylon falling/rising?
As of 12-Nov, Pasupati Acrylon Ltd's stock price is at 51.29, down 1.86% and underperforming against its sector and the Sensex. Despite strong long-term returns, recent declines in stock performance and investor engagement suggest caution among investors.
As of 12-Nov, Pasupati Acrylon Ltd's stock price is currently at 51.29, reflecting a decrease of 0.97, or 1.86%. The stock has been underperforming, having fallen for the last two days with a total decline of 6.49%. Additionally, the stock's performance today is notably lower than its sector by 3.42%. Despite a strong year-to-date return of 14.46% and a remarkable five-year return of 436.51%, the recent trend indicates a decline in investor participation, with delivery volume dropping by 40.07% compared to the five-day average. There are no positive or negative factors available to further explain the stock's recent movement.In the broader market context, the stock's short-term performance over the past week shows a decline of 4.04%, contrasting with the Sensex, which has gained 1.21% during the same period. This underperformance against the benchmark highlights the stock's current challenges, despite its strong long-term returns. The liquidity of the stock remains adequate for trading, but the recent drop in investor engagement may signal caution among investors, contributing to the stock's downward trajectory.
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