Why is Team24 Consumer falling/rising?
As of 17-Nov, Team24 Consumer Products Ltd's stock price is Rs 30.26, down 3.97%, and has underperformed with a 10.63% loss over the last three days. Its year-to-date performance is -26.64%, contrasting with the Sensex's positive return of 8.72%.
As of 17-Nov, Team24 Consumer Products Ltd is experiencing a decline in its stock price, currently at Rs 30.26, which reflects a decrease of Rs 1.25 or 3.97%. The stock has been underperforming, having lost 10.63% over the last three days, and it touched an intraday low of Rs 30.15. In terms of performance against benchmarks, the stock has shown a negative return of 5.38% over the past week, while the Sensex has gained 1.69%. Additionally, the stock's delivery volume has decreased by 17.17% compared to the five-day average, indicating falling investor participation. There is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In the context of the broader market, Team24's recent performance contrasts sharply with the Sensex, which has shown a positive return of 1.69% over the past week. While Team24 has managed a gain of 3.24% over the past month, its year-to-date performance remains significantly negative at -26.64%, compared to the Sensex's positive return of 8.72%. This underperformance in both short-term and year-to-date metrics highlights the challenges faced by Team24 in attracting investor confidence relative to the overall market.
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