Why is Patron Exim falling/rising?
As of 23-Oct, Patron Exim Ltd's stock price is declining at 5.32, down 5.0%, and has fallen 43.94% over the last 13 days. The stock is underperforming compared to the Sensex and has seen decreased investor interest, with a year-to-date decline of 29.07%.
As of 23-Oct, Patron Exim Ltd is experiencing a decline in its stock price, currently at 5.32, which reflects a decrease of 0.28 or 5.0%. The stock has been underperforming significantly, having fallen consecutively for the last 13 days, resulting in a total decline of 43.94% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 29.07% and a one-year decline of 33.50%. It is also trading below all key moving averages, indicating a bearish trend. Furthermore, investor participation has decreased, with delivery volume dropping by 40.56% compared to the five-day average, suggesting a lack of interest from investors.In the broader market context, Patron Exim's performance has been notably worse than the benchmark index, Sensex, which has gained 1.30% over the past week and 2.99% over the past month. This stark contrast highlights the stock's struggles, as it has underperformed the sector by 4.66% today alone. The significant negative returns over both short and long-term periods further emphasize the challenges faced by Patron Exim Ltd in attracting investor confidence compared to the overall market performance.
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