Why is Ramchandra Leas. falling/rising?
As of 28-Oct, Ramchandra Leasing and Finance Ltd's stock price is 5.44, having increased by 1.87% over the last 11 days with a total return of 22.8%. The stock has significantly outperformed the benchmark Sensex and shows strong investor confidence, reflected in a 57.68% year-to-date increase and a 2763.16% rise over the last five years.
As of 28-Oct, Ramchandra Leasing and Finance Ltd's stock price is currently at 5.44, reflecting an increase of 0.1, or 1.87%. The stock has been on a positive trajectory, gaining for the last 11 days and achieving a remarkable 22.8% return during this period. It has outperformed its sector by 2.13% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 197.1% compared to the 5-day average. The stock has shown impressive returns over various periods, including a year-to-date increase of 57.68% and a staggering 2763.16% rise over the last five years. There is no information available regarding any positive or negative factors that may influence the stock's movement.Broader market context indicates that while Ramchandra Leasing and Finance Ltd has significantly outperformed the benchmark Sensex, which has only increased by 0.24% over the past week, the stock's 1-month performance matches the Sensex at 5.22%. The stock's year-on-year return of 178.97% also far exceeds the Sensex's 5.78% increase, highlighting its strong performance relative to the broader market. Overall, the stock's consistent upward movement and strong returns suggest a robust investor confidence, contributing to its rising price.
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