Why is Rappid Valves falling/rising?
As of 17-Sep, Rappid Valves India Ltd is priced at 295.00 with no change, underperforming its sector by 0.37%. Despite a recent 4.61% weekly gain, it has declined 10.88% over the past month and 13.40% year-to-date, contrasting with the Sensex's gains.
As of 17-Sep, Rappid Valves India Ltd is currently priced at 295.00, with no change in price (0.00%). The stock has underperformed its sector by 0.37% today, and while it is higher than the 5-day, 100-day, and 200-day moving averages, it is lower than the 20-day and 50-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 39.66% compared to the 5-day average. Over the past week, the stock has shown a positive return of 4.61%, but it has experienced a significant decline of 10.88% over the past month and a year-to-date drop of 13.40%. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 1.43% over the past week and 2.84% over the past month. This indicates that while Rappid Valves has seen some short-term recovery, it is still lagging behind the overall market performance. The year-to-date performance shows a stark difference, with the Sensex up 7.13%, further highlighting the stock's struggles relative to the broader market trends.
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