Why is Patron Exim falling/rising?
As of 20-Oct, Patron Exim Ltd's stock price is declining at 5.89, down -5.0% and has fallen -37.93% over the last 11 days, underperforming its sector and the benchmark Sensex, which has gained +2.47%. The stock is trading below all moving averages, indicating a bearish trend amidst negative overall sentiment.
As of 20-Oct, Patron Exim Ltd is experiencing a decline in its stock price, currently at 5.89, reflecting a decrease of -0.31 or -5.0%. The stock has been underperforming significantly, with a consecutive fall over the last 11 days resulting in a total drop of -37.93%. Additionally, it has underperformed its sector by -5.36% today. The stock's performance over various periods shows a steep decline, with a -22.40% drop over the past week and a -30.87% decrease over the past year, while the benchmark Sensex has shown positive returns in these periods. 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, Patron Exim's short-term performance is starkly contrasted with the Sensex, which has gained +2.47% over the past week. This indicates that while the overall market is experiencing growth, Patron Exim is struggling significantly. The stock is trading below all its moving averages, suggesting a bearish trend, and despite a notable increase in delivery volume, the overall sentiment remains negative. This combination of factors contributes to the ongoing decline in Patron Exim's stock price.
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