Why is Thaai falling/rising?
As of 23-Sep, Thaai Casting Ltd's stock price is 128.00, up 4.92% today but down 9.80% year-to-date. Despite a short-term gain, its longer-term performance is weak compared to the broader market, with significant declines over the past year.
As of 23-Sep, Thaai Casting Ltd's stock price is currently at 128.00, reflecting an increase of 6.0, or 4.92%. The stock has outperformed its sector today by 4.42%, although it has shown a decline of 1.54% over the past week. In terms of moving averages, the stock is performing better than the 20-day, 50-day, 100-day, and 200-day averages, but is below the 5-day average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 82.98% compared to the 5-day average. Year-to-date, the stock is down 9.80%, and over the past year, it has decreased by 29.30%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context indicates that while Thaai Casting Ltd has experienced a short-term gain, its performance over the past week is notably worse than the benchmark Sensex, which has only declined by 0.28%. Over the past month, however, Thaai has outperformed the Sensex with a return of 9.87% compared to the benchmark's 1.20%. This suggests that despite the recent uptick in price, the stock's longer-term performance remains weak relative to the broader market, as evidenced by its year-to-date and one-year returns.
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