Why is Rulka falling/rising?
As of 14-Nov, Rulka Electricals Ltd's stock price has declined to Rs 117.20, down 6.39%, with significant underperformance reflected in negative returns over the past week and month. The stock is trading below all key moving averages and is nearing its 52-week low, indicating reduced investor interest and a stark contrast to the overall market performance.
As of 14-Nov, Rulka Electricals Ltd is experiencing a decline in its stock price, currently at Rs 117.20, which represents a decrease of Rs 8.0 or 6.39%. The stock has underperformed significantly, with a 1-week return of -2.41% and a 1-month return of -3.14%. Additionally, it is trading lower than all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, just 3.5% away from Rs 113.1. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 46.43% compared to the 5-day average, indicating reduced interest in trading the stock.In the broader market context, Rulka's performance contrasts sharply with the Sensex, which has gained 1.64% over the past week and 3.04% over the past month. Year-to-date, Rulka has plummeted by 58.92%, while the Sensex has risen by 9.58%. This stark difference highlights the stock's struggles relative to the overall market. The lack of available positive factors further exacerbates the situation, as there are no mitigating circumstances reported that could support a recovery in Rulka's stock price.
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