Why is Ramdevbaba Sol. falling/rising?
As of 29-Jul, Ramdevbaba Solvent Ltd's stock price is 128.05, down 0.62%, with a 6.60% decline over the past week but a 13.32% increase over the past month. Despite short-term challenges, the stock has gained 37.69% over the past year and shows adequate liquidity for trading.
As of 29-Jul, Ramdevbaba Solvent Ltd's stock price is currently at 128.05, reflecting a decrease of 0.8, or 0.62%. The stock has underperformed its sector today by 2.2%. In terms of returns, the stock has seen a decline of 6.60% over the past week, while it has performed positively over the past month with an increase of 13.32%. Year-to-date, the stock is down 9.18%, but it has shown strong performance over the past year with a gain of 37.69%. The stock's moving averages indicate that it is higher than the 20-day, 50-day, 100-day, and 200-day averages, but lower than the 5-day average. Additionally, there has been a rise in investor participation, with a delivery volume increase of 3.17% against the 5-day average, suggesting some positive interest despite the current price decline. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's performance over the past week has been notably worse than the benchmark Sensex, which has only declined by 0.96%. However, over the past month, Ramdevbaba Solvent Ltd has outperformed the Sensex, which has dropped 3.19%. This indicates that while the stock is currently facing short-term challenges, it has shown resilience in the longer term compared to the broader market. The liquidity of the stock is adequate for trading, as it represents 2% of the 5-day average traded value, allowing for reasonable trading activity despite the recent price movement.
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