Why is Phyto Chem (I) falling/rising?
As of 19-Sep, Phyto Chem (India) Ltd's stock price is at 27.87, down 0.11%, and has underperformed its sector. Despite a short-term gain of 2.09% over the past week, it has a year-to-date decline of 19.10%, indicating a negative overall trajectory compared to the market.
As of 19-Sep, Phyto Chem (India) Ltd is experiencing a slight decline in its stock price, currently at 27.87, reflecting a decrease of 0.03 or 0.11%. The stock has underperformed its sector by 0.34% today, and while it is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on September 18 falling by 78.52% compared to the 5-day average. Over the past month, the stock has decreased by 2.82%, and year-to-date, it has seen a substantial decline of 19.10%. Unfortunately, there is no information available on positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance over the past week shows a return of 2.09%, which is notably better than the benchmark Sensex's return of 0.88% for the same period. However, the stock's longer-term performance is concerning, with a year-to-date decline of 19.10% compared to the Sensex's gain of 5.74%. This disparity indicates that while the stock may have had a brief period of outperformance, its overall trajectory remains negative relative to the broader market, contributing to the current downward pressure on its price.
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