Why is Pro Fin Capital falling/rising?
As of 17-Jul, Pro Fin Capital Services Ltd's stock price is declining at 8.49, down 1.96% after four consecutive days of losses totaling 7.62%. Despite strong long-term growth of 733.71% over the past year, recent performance is weak, with a significant drop in investor participation and underperformance compared to the broader market.
As of 17-Jul, Pro Fin Capital Services Ltd is experiencing a decline in its stock price, currently at 8.49, which represents a decrease of 0.17 or 1.96%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total drop of 7.62% during this period. Additionally, the stock's performance today has underperformed its sector by 1.63%. Despite a strong long-term performance, with a remarkable 733.71% return over the past year, the recent trend shows a decline in investor participation, as evidenced by a significant drop in delivery volume by 79.42% compared to the five-day average.In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -6.19% compared to the Sensex's decline of only 1.12%. This indicates that while the stock has shown impressive long-term growth, its recent short-term performance is not aligned with the broader market trends. The company's positive financial results over the last four quarters, including a higher PAT and record net sales, suggest underlying strength; however, the current market sentiment appears to be negatively impacting the stock's price movement.
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