Why is Prospect Consum. falling/rising?
As of 15-Oct, Prospect Consumer Products Ltd is priced at 78.00 with no change, having underperformed its sector and the Sensex significantly over various periods. The stock has seen declines of 6.31% in the past week and 21.80% year-to-date, indicating a challenging market environment and cautious investor sentiment.
As of 15-Oct, Prospect Consumer Products Ltd is currently priced at 78.00, showing no change (0.00%). The stock has underperformed its sector by 1.15% today. In terms of returns, the stock has seen a significant decline over various periods, with a 1-week drop of 6.31%, a 1-month decline of 13.91%, and a year-to-date decrease of 21.80%. Additionally, the stock has underperformed the benchmark Sensex, which has gained 1.02% over the past week and 5.72% year-to-date. The stock's moving averages indicate that it is higher than the 100-day moving average but lower than the 5-day, 20-day, 50-day, and 200-day moving averages, suggesting a mixed performance trend. There is no information available regarding positive or negative factors affecting the stock.Broader market context shows that while the Sensex has performed positively, Prospect Consumer Products Ltd has consistently underperformed against this benchmark, particularly over the past year where it has declined by 32.79% compared to the Sensex's modest gain of 0.96%. This stark contrast highlights the challenges faced by the company in the current market environment. The liquidity of the stock is adequate for trading, but the overall negative performance trends indicate that investor sentiment may be cautious, contributing to the stock's recent stagnation at its current price level.
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