Why is Team24 Consumer falling/rising?
As of 29-Oct, Team24 Consumer Products Ltd's stock price is at 30.20, down 2.27% and has fallen 14.83% over the last five days, with a significant drop in delivery volume. Despite a 7.82% gain over the past month, the year-to-date return is -26.79%, contrasting with a strong one-year return of 68.34%.
As of 29-Oct, Team24 Consumer Products Ltd is experiencing a decline in its stock price, currently at 30.20, which reflects a decrease of 0.7 or 2.27%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a significant drop of 14.83% over that period. Additionally, the stock's delivery volume has decreased by 45.66% compared to the five-day average, indicating a decline in investor participation. While the stock's performance over the past month shows a gain of 7.82%, its year-to-date return is notably negative at -26.79%, contrasting with a strong one-year return of 68.34%. There is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 0.68% over the past week, while Team24's stock has significantly underperformed with a decline of 14.83%. This stark contrast highlights the stock's struggles in the short term against the broader market, which has also outperformed Team24 over the year-to-date period, with the Sensex gaining 8.78%. The overall market conditions appear to be more favorable, further emphasizing the challenges faced by Team24 Consumer Products Ltd.
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