Why is Readymix Cons. falling/rising?
As of 16-Sep, Readymix Construction Machinery Ltd's stock price is at 147.50, down 2.99%, and has underperformed its sector. Despite a strong monthly return of 41.83%, recent declines in stock price and delivery volume indicate a shift in market sentiment and potential concerns for investors.
As of 16-Sep, Readymix Construction Machinery Ltd's stock price is currently at 147.50, reflecting a decrease of 4.55, or 2.99%. The stock has underperformed its sector today by 3.16%, and its delivery volume has fallen by 4.26% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has experienced a significant drop of 11.28%, contrasting sharply with the Sensex, which has gained 1.49%. While the stock has shown a strong performance over the past month with a return of 41.83%, the recent downturn suggests a shift in market sentiment, although specific positive or negative factors were not provided to clarify this movement.Broader Market Context: In the context of the broader market, the stock's recent performance is notably weaker than the benchmark, as it has declined significantly over the past week while the Sensex has risen. This divergence highlights a potential concern for investors regarding the stock's stability, especially given that the benchmark has shown a modest gain of 2.47% over the past month. The liquidity of the stock remains adequate for trading, but the falling delivery volume may signal waning interest among investors, contributing to the stock's current downward trend.
{{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
