Why is Softrak Venture falling/rising?
As of 25-Sep, Softrak Venture Investment Ltd's stock price is at 2.10, down 3.23% and has fallen 16% over the last five days, underperforming compared to the Sensex's 2.23% decline. Despite recent struggles, the stock has a positive return of 9.38% over the past month.
As of 25-Sep, Softrak Venture Investment Ltd's stock price is currently at 2.10, reflecting a decrease of 0.07, or 3.23%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a significant decline of 16% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 32.54% compared to the 5-day average, suggesting a drop in investor participation. There are no positive or negative factors available to provide further context on the stock's recent movement.Broader Market Context: In comparison to the benchmark, the Sensex has only declined by 2.23% over the past week, while Softrak's stock has experienced a much steeper decline of 16%. This stark contrast highlights the stock's underperformance relative to the broader market. Over the last month, however, Softrak has shown a positive return of 9.38%, while the Sensex has slightly declined by 0.58%, indicating some resilience in the stock despite its recent struggles. Overall, the stock's recent performance reflects a challenging environment both internally and in relation to the market.
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