Why is Rajgor Castor falling/rising?
As of 15-Sep, Rajgor Castor Derivatives Ltd's stock price is declining at 28.85, down 1.7%, with a significant drop in delivery volume and underperformance compared to its sector. Despite a strong monthly return of 21.47%, the stock has lagged behind the broader market and shows a year-to-date performance of 0.00%.
As of 15-Sep, Rajgor Castor Derivatives Ltd is experiencing a decline in its stock price, currently at 28.85, which reflects a decrease of 0.5 or 1.7%. The stock has underperformed its sector today by 3.08%, and its delivery volume has significantly decreased by 75.61% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a decline of 3.83%, while it has performed better over the past month with a return of 21.47%. However, its year-to-date performance remains flat at 0.00%, and it has declined by 16.38% over the past year. There are no positive or negative factors available to provide additional context for the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.20% over the past week, Rajgor Castor's short-term performance has lagged significantly. While the Sensex has shown a positive return of 1.78% over the past month, Rajgor Castor's strong monthly performance of 21.47% stands out, but the recent downward trend suggests that the stock is not keeping pace with the broader market's upward movement. The overall liquidity of the stock remains adequate for trading, but the recent drop in investor participation may indicate a lack of confidence among investors, contributing to the stock's current decline.
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