Why is Prospect Consum. falling/rising?
As of 24-Sep, Prospect Consumer Products Ltd is priced at 92.00, down 1.08%. Despite recent gains, the stock has underperformed over the past year and year-to-date compared to the Sensex, indicating overall weak performance.
As of 24-Sep, Prospect Consumer Products Ltd is currently priced at 92.00, reflecting a decrease of 1.0, or 1.08%. The stock has shown erratic trading patterns, having not traded on one day out of the last 20 days. Despite opening with a gain of 2.04% today and reaching an intraday high of Rs 94.9, it ultimately underperformed its sector by 1.77%. Over the past week, the stock has increased by 6.30%, but it has declined by 3.15% over the past month and 22.33% over the past year. The stock is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, but below its 20-day moving average. Additionally, there has been a rise in investor participation, with delivery volume increasing by 4.17% against the 5-day average.In the broader market context, the Sensex has experienced a decline of 1.18% over the past week, while Prospect Consumer Products Ltd has outperformed this benchmark. However, the stock's year-to-date performance shows a decline of 7.77%, contrasting with the Sensex's gain of 4.58%. This indicates that while the stock has had a brief positive movement recently, its overall performance remains weak compared to the market. The lack of available positive or negative dashboard data limits further insights into specific factors influencing the stock's recent movements.
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