Why is Prostarm Info falling/rising?
As of 23-Sep, Prostarm Info Systems Ltd's stock price is Rs 206.35, down 1.62%, with a notable decline in trading volume and a 10.26% drop over the past week, contrasting with a minor decline in the broader market. The stock's recent struggles indicate specific challenges not affecting the overall market trend.
As of 23-Sep, Prostarm Info Systems Ltd is experiencing a decline in its stock price, currently at Rs 206.35, which reflects a decrease of Rs 3.4 or 1.62%. The stock has underperformed its sector today by 0.87%, reaching an intraday low of Rs 203.55, which is a drop of 2.96%. The trading volume has also seen a significant decline, with delivery volume on 22 September falling by 45.65% compared to the 5-day average. In the past week, the stock has decreased by 10.26%, while it has shown a modest increase of 1.58% over the past month. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past week contrasts sharply with the Sensex, which has only declined by 0.34%. This indicates that the stock's recent struggles are not reflective of the overall market trend. While the stock has outperformed the benchmark over the past month, the significant short-term decline suggests specific challenges faced by Prostarm Info Systems Ltd that are not impacting the broader market to the same extent.
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