Why is Prospect Consum. falling/rising?

Jul 08 2025 11:08 PM IST
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As of 08-Jul, Prospect Consumer Products Ltd's stock price is Rs 64.23, down 5.0%, and has underperformed its sector by 4.67%. The stock has declined 35.61% year-to-date, trading below all major moving averages, indicating a bearish trend amidst negative market sentiment.
As of 08-Jul, Prospect Consumer Products Ltd is experiencing a decline in its stock price, currently at Rs 64.23, reflecting a decrease of 3.38 or 5.0%. The stock has underperformed its sector by 4.67% today and opened with a loss of 3.71%. It has touched an intraday low of Rs 64.23, indicating significant downward pressure. Over the past week, the stock has decreased by 8.74%, and year-to-date, it has fallen by 35.61%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. While there has been a rise in delivery volume by 25% against the 5-day average, the overall sentiment remains negative, and there is no available information on positive or negative factors impacting the stock.

In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting sharply with Prospect Consumer Products Ltd's significant decline. The stock's year-to-date performance is notably poor at -35.61%, while the benchmark has gained 7.13% during the same period. This stark difference highlights the stock's struggles relative to the overall market, further emphasizing its underperformance. The erratic trading pattern, with the stock not trading on one day out of the last 20, adds to the uncertainty surrounding its future performance.
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