Why is Rikhav Securitie falling/rising?
As of 18-Sep, Rikhav Securities Ltd's stock price is declining at 69.50, down 0.87%, and has underperformed its sector today. Despite increased investor participation, the stock has a 1-month return of -6.49%, lagging behind the Sensex's 2.14% gain.
As of 18-Sep, Rikhav Securities Ltd is experiencing a decline in its stock price, currently at 69.50, which reflects a decrease of 0.61 or 0.87%. The stock has underperformed its sector by 1.2% today, despite showing higher performance than its 5-day, 50-day, and 100-day moving averages. However, it is lower than its 20-day and 200-day moving averages. The stock has seen a rise in investor participation, with a delivery volume of 17.6k on 17 September, which is up by 44.74% compared to the 5-day average. In terms of returns, the stock has decreased by 6.49% over the past month, while the benchmark Sensex has increased by 2.14%. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, Rikhav Securities' short-term performance has lagged behind the benchmark, as indicated by its 1-month return of -6.49% compared to the Sensex's gain of 2.14%. This underperformance suggests that the stock is not keeping pace with the overall market trends, which may be contributing to the decline in its price. The liquidity of the stock remains adequate, as it is based on 2% of the 5-day average traded value, allowing for sufficient trading activity despite the recent downturn.
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