Why is Poona Dal & Oil falling/rising?
As of 07-Aug, Poona Dal and Oil Industries Ltd is priced at 65.00 with no change, showing significant underperformance with a 1-week return of -4.98% and a 1-month return of -7.22%. The stock is trading below its moving averages, indicating a bearish trend and a substantial decline in investor participation.
As of 07-Aug, Poona Dal and Oil Industries Ltd is currently priced at 65.00, with no change in price (0.00%). The stock has underperformed in the short term, with a 1-week return of -4.98% and a 1-month return of -7.22%. Additionally, it is trading below its moving averages across various time frames, indicating a bearish trend. The delivery volume has significantly decreased, falling by 94.16% against the 5-day average, suggesting a decline in investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, the Sensex has shown a relatively stable performance with a 1-week decline of only -0.69% and a 1-month decline of -3.38%. Compared to the benchmark, Poona Dal and Oil's recent performance indicates a significant underperformance, particularly in the short term. Year-to-date, the stock has declined by 9.22%, while the Sensex has gained 3.18%, highlighting a stark contrast in performance between the company and the broader market.
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