Why is Super Crop Safe falling/rising?
As of 05-Aug, Super Crop Safe Ltd is priced at 12.32, down 0.65%, and has underperformed significantly with a year-to-date decline of 42.70% compared to a 3.29% gain in the Sensex. The stock is trading below all major moving averages, indicating a bearish trend and decreased investor participation.
As of 05-Aug, Super Crop Safe Ltd is currently priced at 12.32, reflecting a decrease of 0.08, or 0.65%. The stock has been underperforming, having fallen for the last two days with a total decline of 3.83%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 59.46% compared to the 5-day average. The stock has also shown poor performance over various periods, with a year-to-date decline of 42.70%, while the benchmark Sensex has gained 3.29%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Super Crop Safe's short-term performance has been notably worse than the benchmark, as it has declined by 2.61% over the past week compared to a smaller drop of 0.77% in the Sensex. This underperformance is further highlighted by its year-to-date results, where the stock has significantly lagged behind the benchmark index. The consistent decline in stock price, coupled with falling investor interest, suggests a challenging environment for Super Crop Safe Ltd, contributing to its current downward trajectory.
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