Why is Service Care Ltd falling/rising?
As of 17-Sep, Service Care Ltd is priced at 52.00 with no change, underperforming its sector by 0.53% and declining 33.93% year-to-date. The stock is trading below all major moving averages, and investor participation has decreased, contrasting sharply with the positive performance of the benchmark Sensex.
As of 17-Sep, Service Care Ltd is currently priced at 52.00, with no change in price (0.00%). The stock has underperformed its sector by 0.53% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.70%, and it has experienced a significant year-to-date drop of 33.93%. Additionally, the delivery volume has decreased by 21.05% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context shows that while Service Care Ltd has struggled, the benchmark Sensex has performed positively, gaining 1.43% over the past week and 2.84% over the past month. The stark contrast in performance is evident as Service Care Ltd's year-to-date return is down 33.93%, while the Sensex has increased by 7.13% during the same period. This underperformance relative to the benchmark suggests that broader market conditions are favoring other investments, contributing to the decline in Service Care Ltd's stock price.
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