Why is SC Agrotech falling/rising?
As of 13-Oct, SC Agrotech Ltd's stock price is at 18.06, down 5.0%, and has underperformed its sector and the broader market recently. Despite a strong long-term return of 2308.00% over five years, recent trends show a decline in both stock value and investor participation.
As of 13-Oct, SC Agrotech Ltd's stock price is currently at 18.06, reflecting a decline of 0.95, or 5.0%. The stock has been underperforming, having lost 8.79% over the last two days, and it has underperformed its sector by 4.38% today. Despite a strong long-term performance with a 5-year return of 2308.00%, the stock has seen a recent drop of 5.20% over the past week. Additionally, the delivery volume has decreased by 31.7% compared to the 5-day average, indicating falling investor participation. There are no positive or negative factors provided to further explain the stock's recent movement.Broader market context shows that while SC Agrotech's short-term performance has been negative, the benchmark Sensex has gained 0.66% over the past week. This contrast highlights the stock's struggle in the current market environment, as it has not only declined in value but has also lagged behind the broader market trends. The stock's performance over the last month is slightly positive at 3.02%, but this is overshadowed by its recent downturn and the broader market's stability.
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