Why is Rockingdeals Cir falling/rising?
As of 18-Sep, Rockingdeals Circular Economy Ltd's stock price is at 204.90, up 3.48% today but down 62.96% year-to-date. Despite recent short-term outperformance against the Sensex, the stock has seen a significant decline over the past month and a drastic drop in delivery volume, indicating reduced investor interest.
As of 18-Sep, Rockingdeals Circular Economy Ltd's stock price is currently at 204.90, reflecting an increase of 6.9, or 3.48%. The stock has outperformed its sector today by 4.24%. However, despite this positive movement, the stock has shown a decline of 5.12% over the past month and a significant drop of 62.96% year-to-date. Additionally, the stock's delivery volume has fallen dramatically by 95.93% against the 5-day average, indicating a decrease in investor participation. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Rockingdeals Circular Economy Ltd has outperformed the Sensex in the short term, with a 1-week return of 8.70% compared to the Sensex's 1.67%. However, over the longer term, the stock has underperformed significantly, with a year-to-date decline of 62.96% against the Sensex's gain of 7.52%. This stark contrast highlights the challenges faced by the company despite its recent uptick in price.
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