Why is Rulka falling/rising?
As of 18-Sep, Rulka Electricals Ltd is priced at 129.65, up 1.89%, but has underperformed year-to-date with a 54.56% decline compared to the Sensex's 7.52% rise. Despite recent short-term gains, investor participation has decreased, indicating ongoing struggles for the stock.
As of 18-Sep, Rulka Electricals Ltd is currently priced at 129.65, reflecting an increase of 2.4, or 1.89%. The stock has outperformed its sector today by 1.5%, although it is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Despite this positive price movement, there has been a notable decline in investor participation, with delivery volume dropping by 13.04% compared to the 5-day average. Over the past week, the stock has gained 1.45%, but it has significantly underperformed on a year-to-date basis, with a decline of 54.56%.In the broader market context, the Sensex has increased by 1.67% over the past week, indicating that while Rulka has shown some short-term gains, it is still lagging behind the benchmark. Over the past month, Rulka has risen by 9.69%, which is notably higher than the Sensex's 2.20% increase. However, the stark contrast in year-to-date performance, with Rulka down 54.56% compared to the Sensex's 7.52% rise, highlights the stock's ongoing struggles despite recent positive movements.
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