Why is Quest Capital falling/rising?
As of 24-Sep, Quest Capital Markets Ltd's stock price is Rs 338.45, down 2.44%, with significant declines in investor participation and performance metrics, including a year-to-date drop of 31.36%. The stock is underperforming its sector and key moving averages, reflecting negative market sentiment.
As of 24-Sep, Quest Capital Markets Ltd is experiencing a decline in its stock price, currently at Rs 338.45, which represents a decrease of Rs 8.45 or 2.44%. Today's price summary indicates that the stock opened with a gain of 2.33% but subsequently fell to an intraday low of Rs 338, reflecting a drop of 2.57%. The stock has underperformed its sector by 2.35% today, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant decrease in investor participation, with delivery volume dropping by 90.21% compared to the 5-day average. The stock has also shown poor performance over the year, with a year-to-date decline of 31.36%.In the broader market context, Quest Capital's short-term performance over the past week shows a decline of 1.40%, which is slightly worse than the benchmark Sensex's decline of 1.18%. While the stock has shown some positive movement over the past month with a gain of 1.06%, it has significantly underperformed the Sensex year-to-date and over the past year. The overall market sentiment appears to be affecting Quest Capital negatively, as indicated by its falling stock price and reduced trading volume, suggesting a lack of confidence among investors.
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