Why is Rajgor Castor falling/rising?
As of 23-Sep, Rajgor Castor Derivatives Ltd's stock price is at 28.50, down 1.72%, with a significant drop in delivery volume and a year-to-date decline of 1.21%. Despite a 22.32% increase over the past month, the stock has underperformed compared to its sector and the benchmark Sensex.
As of 23-Sep, Rajgor Castor Derivatives Ltd's stock price is currently at 28.50, reflecting a decrease of 0.5, or 1.72%. The stock has underperformed its sector today by 1.98%, and its delivery volume has significantly dropped by 64.29% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has seen a decline of 3.39%, while it has performed positively over the past month with a return of 22.32%. However, year-to-date, the stock is down 1.21%, and over the past year, it has decreased by 17.51%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight decline of 0.28% over the past week, Rajgor Castor's performance has been notably worse. While the Sensex has gained 1.20% over the past month, Rajgor Castor's substantial 22.32% increase in the same period highlights a recent recovery, although it is not enough to offset its longer-term declines. The overall market context suggests that while the stock had a brief positive trend, it is currently facing challenges that are contributing to its downward price movement.
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