Why is Sh. Rajiv. Oil falling/rising?
As of 05-Jun, Shree Rajivlochan Oil Extraction Ltd's stock price is flat at 38.11, with a 0.00% change over the past week but a 14.62% increase over the past month. Year-to-date, the stock is down 18.90%, indicating challenges in attracting investor interest despite recent short-term gains.
As of 05-Jun, Shree Rajivlochan Oil Extraction Ltd's stock price is flat, with no change at 38.11, reflecting a 0.00% movement. The stock has shown mixed performance recently, with a 0.00% change over the past week, but a notable increase of 14.62% over the past month. However, year-to-date, the stock is down 18.90%. Today's trading performance indicates that it outperformed its sector by 0.45%, although there has been erratic trading, with the stock not trading on one day out of the last twenty. Additionally, delivery volume has significantly decreased by 97.63% against the five-day average, indicating falling investor participation. The stock's liquidity remains adequate for trading, as it is based on 2% of the five-day average traded value.In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 0.23% over the past week while the stock remained flat. This suggests that while the stock has not gained in value recently, it has managed to hold its ground better than the overall market. The year-to-date performance shows a stark difference, with the Sensex up 4.23%, highlighting the challenges faced by Shree Rajivlochan Oil Extraction Ltd in attracting investor interest despite a positive short-term trend.
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