Why is Rajputana Bio. falling/rising?
As of 12-Sep, Rajputana Biodiesel Ltd's stock price is at 278.00, down 3.41%, despite positive weekly and monthly returns of +4.41% and +19.31%. The stock has underperformed its sector today and has a year-to-date decline of -11.22%, contrasting with the Sensex's +6.21% gain.
As of 12-Sep, Rajputana Biodiesel Ltd is experiencing a decline in its stock price, currently at 278.00, which reflects a decrease of 9.8 points or 3.41%. Despite this drop today, the stock has shown positive performance over the past week and month, with returns of +4.41% and +19.31%, respectively. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in the longer term. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 236.73% against the 5-day average, suggesting heightened interest in the stock. However, it is important to note that the positive and negative factors impacting the stock's movement are not available.In the broader market context, Rajputana Biodiesel Ltd has underperformed its sector today by 4.29%. While the stock has shown strong returns over the past week and month, it has a year-to-date performance of -11.22%, contrasting with the Sensex's gain of +6.21% during the same period. This underperformance relative to the benchmark may contribute to the current decline in stock price, as investors weigh the stock's recent gains against its longer-term performance and the overall market conditions.
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