Why is Quest Flow falling/rising?
As of 24-Sep, Quest Flow Controls Ltd's stock price is Rs 278.50, down 1.57% and has fallen for three consecutive days. The stock is underperforming significantly compared to the Sensex, with a year-to-date decline of 51.63%.
As of 24-Sep, Quest Flow Controls Ltd is experiencing a decline in its stock price, currently at Rs 278.50, which reflects a decrease of Rs 4.45 or 1.57%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.43% during this period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.41% away from Rs 269. The delivery volume has decreased significantly, down by 21.51% compared to the 5-day average, suggesting a drop in investor participation.In the broader market context, Quest Flow's performance over the past week shows a decline of 1.57%, which is worse than the Sensex's decline of 1.18%. Over the past month, the stock has decreased by 5.91%, while the Sensex has gained 0.50%. Year-to-date, Quest Flow has seen a substantial drop of 51.63%, contrasting sharply with the Sensex's increase of 4.58%. This significant underperformance against the benchmark highlights the challenges the company is facing in the current market environment.
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