Why is Raconteur Global falling/rising?

Jul 10 2025 10:30 PM IST
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As of 10-Jul, Raconteur Global Resources Ltd's stock price is currently 13.70, reflecting a 1.48% increase today, but it has declined 40.15% over the past year. Despite recent gains, the stock has struggled long-term, underperforming compared to the broader market.
As of 10-Jul, Raconteur Global Resources Ltd is experiencing a price increase, with its current price at 13.70, reflecting a change of 0.2 or 1.48% upward. Despite this positive movement today, the stock has shown a decline of 1.86% over the past week and a significant drop of 40.15% over the past year. Today's performance indicates that the stock has outperformed its sector by 1.02%, although it has faced erratic trading, having not traded on 2 out of the last 20 days. Additionally, the delivery volume has decreased by 10.71% compared to the 5-day average, suggesting a decline in investor participation. The stock's moving averages are higher than the 5-day, 20-day, 50-day, and 100-day averages but remain lower than the 200-day average, indicating mixed signals regarding its longer-term trend.

In the broader market context, Raconteur's performance over the past month shows a gain of 13.69%, significantly outperforming the Sensex, which has only increased by 0.97% in the same period. This suggests that while the stock is currently rising, it has struggled over the longer term, as evidenced by its steep declines over the past year and three years compared to the benchmark's positive returns. The overall market conditions appear to be relatively stable, but the stock's recent upward movement may not be enough to offset its historical underperformance.
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