Why is Rajgor Castor falling/rising?
As of 02-Jul, Rajgor Castor Derivatives Ltd's stock price is at 20.60, down 1.67%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 28.60%. Despite increased investor participation, the stock continues to struggle, reflecting ongoing challenges in the current market environment.
As of 02-Jul, Rajgor Castor Derivatives Ltd is experiencing a decline in its stock price, currently at 20.60, which reflects a decrease of 0.35 or 1.67%. The stock has underperformed its sector by 2.25% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 8.24%, and year-to-date, it has fallen by 28.60%. Although there has been a notable increase in investor participation, with delivery volume rising by 114.29% against the 5-day average, the overall performance remains weak, and no positive or negative factors are available to provide further context on the stock's movement.In the broader market context, the Sensex has shown a positive return of 0.83% over the past week, contrasting sharply with Rajgor Castor's decline. This underperformance is evident as the stock has not only lagged behind the benchmark in the short term but also over the past month, where it has decreased by 5.50% compared to the Sensex's increase of 2.98%. The stark difference in performance highlights the challenges faced by Rajgor Castor in the current market environment, further exacerbated by its significant year-on-year decline of 45.57% against the Sensex's modest gain of 5.51%.
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