Why is Rajasthan Cylind falling/rising?

Jun 24 2025 09:05 PM IST
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As of 24-Jun, Rajasthan Cylinders & Containers Ltd's stock price is declining at 44.00, down 2.2%, with decreased investor participation and a recent trend reversal despite strong long-term returns. The stock has outperformed the Sensex over the past year but shows negative short-term performance.
As of 24-Jun, Rajasthan Cylinders & Containers Ltd is experiencing a decline in its stock price, currently at 44.00, which represents a decrease of 0.99 or 2.2%. The stock has underperformed its sector by 2.47% today and has fallen after two consecutive days of gains. Despite being higher than the 5-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 20-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 40.44% compared to the 5-day average. Over the past year, the stock has shown a positive return of 14.64%, outperforming the Sensex, which has returned 6.10% in the same period.

In the broader market context, the stock's short-term performance over the past week shows a gain of 0.66%, slightly better than the Sensex's increase of 0.58%. However, the stock's performance over the past month has been negative at -1.23%, while the Sensex has gained 0.41%. This suggests that while the stock has had strong long-term returns, recent trends indicate a struggle to maintain momentum in the short term, particularly in light of declining trading volumes and a recent trend reversal.
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