Why is Quest Flow falling/rising?
As of 28-Jul, Quest Flow Controls Ltd's stock price is Rs 395.00, down 1.81%, and has declined 31.39% year-to-date. The stock is underperforming its sector and the broader market, indicating a bearish trend amidst overall negative sentiment.
As of 28-Jul, Quest Flow Controls Ltd is experiencing a decline in its stock price, currently at Rs 395.00, which reflects a decrease of Rs 7.3 or 1.81%. The stock has underperformed its sector by 0.87% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.71% during this period. Additionally, the stock's year-to-date performance shows a significant decline of 31.39%, and over the past year, it has plummeted by 68.65%. The stock's moving averages indicate that it is currently lower than the 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Although there has been a rise in investor participation with a 23.47% increase in delivery volume on July 25, the overall sentiment remains negative.In the broader market context, the Sensex has shown a decline of 1.59% over the past week and 3.77% over the past month, indicating a challenging environment for stocks in general. However, Quest Flow's performance has been notably worse, with a year-to-date decline that starkly contrasts with the Sensex's modest gain of 3.52%. This underperformance relative to the benchmark highlights the stock's struggles in a market that is not entirely bearish, further contributing to the negative sentiment surrounding Quest Flow Controls Ltd.
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