Why is Ramgopal Polytex falling/rising?
As of 18-Sep, Ramgopal Polytex Ltd's stock price is 5.78, up 4.9%, and has outperformed its sector today. However, it has underperformed against the Sensex over the past week and month, with a modest year-to-date gain of 0.52%, despite a significant 389.83% increase over the past five years.
As of 18-Sep, Ramgopal Polytex Ltd's stock price is currently at 5.78, reflecting an increase of 0.27 or 4.9%. The stock has shown a performance today that outperformed its sector by 4.7%. Additionally, it is trading higher than its 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day and 20-day moving averages. There has been a notable rise in investor participation, with a delivery volume of 1.56k on 17 Sep, which has increased by 43.59% compared to the 5-day average. However, there is no information available regarding positive or negative factors impacting the stock.In terms of broader market context, the stock has underperformed against the benchmark Sensex over the past week and month, with returns of -2.03% and -11.08%, respectively, while the Sensex has gained 1.80% and 2.14%. Year-to-date, Ramgopal Polytex has a modest gain of 0.52%, which is significantly lower than the Sensex's 6.24%. Over the longer term, the stock has seen a substantial increase of 389.83% over the past five years, contrasting sharply with the Sensex's 113.70% gain during the same period. This indicates that while the stock is currently rising, it has faced challenges in the short term compared to the broader market.
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