Why is Petro Carbon falling/rising?

Jul 10 2025 10:52 PM IST
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As of 10-Jul, Petro Carbon & Chemicals Ltd's stock price is declining at 179.00, down 2.37%, and underperforming its sector and moving averages. The stock has a year-to-date decline of 15.09%, significantly lagging behind the Sensex's gain of 7.23%.
As of 10-Jul, Petro Carbon & Chemicals Ltd is experiencing a decline in its stock price, currently at 179.00, reflecting a decrease of 4.35 or 2.37%. The stock has underperformed its sector today, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -2.08%, and it has significantly underperformed the benchmark Sensex, which has only declined by 0.20%. Additionally, while the stock has seen a notable increase in delivery volume, rising by 427.11% against the 5-day average, there is no available information on positive or negative factors that could influence its recent movement.

Broader Market Context: In the context of the broader market, Petro Carbon's performance has been weak, with a year-to-date decline of 15.09%, contrasting sharply with the Sensex's gain of 7.23%. The stock's longer-term performance is also concerning, as it has fallen by 48.09% over the past year while the benchmark has increased by 4.24%. This stark difference highlights the challenges Petro Carbon is facing compared to the overall market, contributing to the downward pressure on its stock price.
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