Why is Raconteur Global falling/rising?

Sep 05 2025 10:42 PM IST
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As of 05-Sep, Raconteur Global Resources Ltd's stock price is 13.45, up 3.46%, but it has underperformed its sector today and shows a significant decline over the past month and year. Despite recent challenges, it has a year-to-date return of 15.95%, outperforming the benchmark Sensex.
As of 05-Sep, Raconteur Global Resources Ltd is experiencing a price increase, with its current price at 13.45, reflecting a rise of 0.45 or 3.46%. The stock's performance today has underperformed its sector by 3.33%, indicating some challenges despite the price increase. Over the past week, the stock has shown a modest gain of 1.43%, but it has struggled over the longer term, with a significant decline of 10.33% over the past month and a staggering drop of 38.16% over the past year. The stock is currently trading higher than its 5-day, 50-day, and 100-day moving averages, but it remains below its 20-day and 200-day moving averages, suggesting mixed momentum. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.13% over the past week, Raconteur's 1.43% increase indicates a slightly better short-term performance. However, the stock's year-to-date return of 15.95% significantly outpaces the Sensex's 3.29%, suggesting that while the stock has faced challenges recently, it has shown resilience in the longer term. The sector of Film Production, Distribution & Entertainment has gained by 6.66%, which may provide some context for the stock's recent price movement, although the overall underperformance against the sector today raises questions about its immediate outlook.
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