Why is Softrak Venture falling/rising?
As of 25-Jun, Softrak Venture Investment Ltd's stock price is 2.01, down 1.95%, and has lost 20.87% over the past 13 days. It is underperforming significantly compared to the Sensex, which has gained 5.91% year-to-date.
As of 25-Jun, Softrak Venture Investment Ltd is experiencing a decline in its stock price, currently at 2.01, which reflects a decrease of 0.04 or 1.95%. The stock has been underperforming significantly, having lost 20.87% over the past 13 consecutive days. Additionally, it is trading below all key moving averages, indicating a bearish trend. In the context of benchmark performance, Softrak has shown a year-to-date decline of 37.50%, while the Sensex has increased by 5.91%, further highlighting its struggles in the market.Broader Market Context: In the short term, Softrak's performance has been notably poor compared to the Sensex, with a 1-week return of -9.05% against the benchmark's gain of 1.61%. This stark contrast underscores the stock's challenges in attracting investor confidence. Despite a rise in delivery volume by 44.97% on June 24, suggesting increased investor participation, the overall sentiment remains negative due to the stock's ongoing decline and underperformance relative to the sector.
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