Why is Race Eco falling/rising?
As of 17-Oct, Race Eco Chain Ltd's stock price is Rs 238.00, up 2.01% over the last two days with a total return of 8.75%. Despite recent gains, the stock is down 38.34% year-to-date, underperforming the Sensex, which has risen 7.44% this year.
As of 17-Oct, Race Eco Chain Ltd's stock price is currently at Rs 238.00, reflecting an increase of Rs 4.7 or 2.01%. The stock has been gaining for the last two days, with a total return of 8.75% during this period. It has outperformed its sector by 2.03% today. The stock touched an intraday high of Rs 238, although it also experienced a low of Rs 225.5. Notably, the delivery volume has significantly increased by 63.62% compared to the 5-day average, indicating rising investor participation. However, the stock's performance year-to-date remains negative at -38.34%, despite positive short-term movements.In the broader market context, Race Eco Chain Ltd has outperformed the Sensex in the past week, with a return of +5.61% compared to the benchmark's +1.76%. Over the last month, the stock has also shown a modest gain of +2.15%, while the Sensex gained +1.52%. Despite these positive short-term trends, the stock's year-to-date performance is considerably lagging behind the Sensex, which has increased by +7.44%. This contrast highlights the stock's volatility and potential recovery in the short term, even as it struggles with longer-term performance metrics.
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