Why is Rajgor Castor falling/rising?
As of 09-Sep, Rajgor Castor Derivatives Ltd's stock price is at 28.00, down 6.67%, and has underperformed its sector today. Despite a recent positive return over the past week and month, its year-to-date performance is down 2.95%, lagging behind the broader market's gains.
As of 09-Sep, Rajgor Castor Derivatives Ltd is experiencing a decline in its stock price, currently at 28.00, which reflects a decrease of 2.0 or 6.67%. The stock has underperformed its sector by 6.71% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 80% compared to the 5-day average. Over the past week, the stock has shown a positive return of 7.69%, and over the past month, it has increased by 24.17%. However, year-to-date, it has declined by 2.95%, and over the past year, it has decreased by 15.54%.In the broader market context, the Sensex has shown a modest increase of 1.18% over the past week and 2.07% over the past month, while Rajgor Castor's recent performance has been significantly stronger in the short term. Despite this, the stock's year-to-date performance lags behind the benchmark, which has gained 5.18% in the same period. The overall market sentiment appears to be more favorable than that of Rajgor Castor, contributing to the stock's current downward movement.
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