Why is Rajgor Castor falling/rising?
As of 03-Jul, Rajgor Castor Derivatives Ltd's stock price is at 20.40, down 0.97%, and has significantly underperformed its sector and the benchmark Sensex. The stock has seen a year-to-date decline of 29.29% and a 46.10% drop over the past year, with decreasing investor participation and no positive factors to improve sentiment.
As of 03-Jul, Rajgor Castor Derivatives Ltd is experiencing a decline in its stock price, currently at 20.40, which reflects a decrease of 0.2 or 0.97%. The stock has underperformed its sector by 2.2% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 16.67% compared to the 5-day average. Over the past week, the stock has dropped by 8.72%, and it has seen a significant decline of 29.29% year-to-date and 46.10% over the past year, indicating a persistent downward trend. There are no positive or negative factors available to provide further context on the stock's recent movements.In the broader market context, Rajgor Castor's performance has been significantly weaker than the benchmark Sensex, which has only declined by 0.56% over the past week and has gained 7.45% year-to-date. This stark contrast highlights the stock's struggles relative to the overall market, as it continues to face challenges that have led to its underperformance. The lack of positive factors further compounds the difficulties the company is facing, suggesting that investor sentiment remains negative amidst these broader market conditions.
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