Why is Pro Fin Capital falling/rising?
As of 30-Jun, Pro Fin Capital Services Ltd's stock price is at Rs. 7.76, having risen 1.97% and reached a new 52-week high. The stock has shown strong performance with a 46.42% increase over the last month, although there is a notable decline in investor participation.
As of 30-Jun, Pro Fin Capital Services Ltd's stock price is rising, currently at Rs. 7.76, reflecting an increase of 0.15 or 1.97%. The stock has recently hit a new 52-week high and has been on an upward trend, gaining for the last 21 consecutive days. Over the past week, the stock has surged by 9.92%, and it has shown remarkable performance with a 46.42% increase over the last month. Additionally, the company has reported positive results for the last four consecutive quarters, with a higher profit after tax and record net sales, contributing to the stock's strong performance.In the broader market context, Pro Fin Capital's short-term return significantly outpaces the benchmark, with a 9.92% increase over the past week compared to the Sensex's 2.09% rise. This trend is consistent with the stock's long-term performance, which has outperformed the BSE 500 over various periods, including a staggering 647.91% return in the last year. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 72.51% against the five-day average, which could indicate a potential concern for future trading activity.
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