Why is Rap Corp falling/rising?

Jun 24 2025 09:19 PM IST
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As of 24-Jun, Rap Corp Ltd's stock price is Rs 23.80, down 4.99% and has declined 17.79% over the last two days. The stock is significantly underperforming compared to the benchmark Sensex, with a year-to-date decline of 37.05%.
As of 24-Jun, Rap Corp Ltd's stock price is currently at Rs 23.80, reflecting a decline of Rs 1.25 or 4.99%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 17.79% during this period. Today, it opened with a loss of 4.99% and has traded within a wide range of Rs 2.5, hitting an intraday high of Rs 26.3 before dropping to its current low. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume decreasing by 41.65% compared to the 5-day average, suggesting reduced interest in the stock.

In the broader market context, Rap Corp's performance over the past week shows a staggering decline of 25.39%, while the benchmark Sensex has increased by 0.58%. Over the past month, the stock has decreased by 34.05%, contrasting sharply with the Sensex's modest gain of 0.41%. Year-to-date, Rap Corp has seen a decline of 37.05%, while the Sensex has risen by 5.01%. This stark difference highlights the stock's significant underperformance relative to the market, contributing to the negative sentiment surrounding it.
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