Why is R&B Denims falling/rising?
As of 04-Jul, R&B Denims Ltd's stock price is at 90.71, down 0.85% today, but it has gained 4.17% over the past week and 37.48% over the past year. Despite outperforming the market long-term, a significant drop in delivery volume suggests weakening investor interest.
As of 04-Jul, R&B Denims Ltd's stock price is currently at 90.71, reflecting a decrease of 0.78, or 0.85%. Despite this decline today, the stock has shown a positive trend over the past week, gaining 4.17%, and has experienced a notable increase of 37.48% over the past year, significantly outperforming the broader market. However, the stock has underperformed its sector today by 0.49%, and there has been a concerning drop in investor participation, with delivery volume falling by 92.93% compared to the 5-day average. The stock is trading above its moving averages, indicating a generally strong performance, but the recent decline in delivery volume suggests a potential weakening of investor interest.In the broader market context, R&B Denims' recent performance contrasts with the Sensex, which has seen a slight decline of 0.74% over the past week. While R&B Denims has outperformed the benchmark in the long term, its short-term performance today indicates a divergence from the positive momentum seen in the previous days. The stock's ability to maintain a strong year-to-date return of 6.72% compared to the Sensex's 6.77% reflects its resilience, but the current dip may be a result of reduced trading activity and investor engagement.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
