Why is Rajshree Polypac falling/rising?
As of 23-Sep, Rajshree Polypack Ltd's stock price is at 22.49, down 3.81%, and has underperformed its sector. The stock has significantly declined over the past year and year-to-date, with reduced investor participation and a contrasting performance compared to the broader market.
As of 23-Sep, Rajshree Polypack Ltd's stock price is currently at 22.49, reflecting a decrease of 0.89, or 3.81%. The stock has underperformed its sector by 2.56% today, and while it is higher than its 20-day moving average, it is lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 39.27% compared to the 5-day average. Over the past year, the stock has seen a significant decline of 45.28%, while year-to-date it has dropped by 39.66%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Rajshree Polypack's short-term return over the past week shows an increase of 3.59%, contrasting with a slight decline of 0.28% in the Sensex. However, the stock's year-to-date performance is significantly worse than the benchmark, which has gained 6.45% during the same period. This stark contrast highlights the challenges faced by Rajshree Polypack in maintaining investor confidence and attracting participation, particularly in light of its substantial long-term losses compared to the overall market.
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