Why is Thacker & Co. falling/rising?
As of 15-Sep, Thacker & Company Ltd's stock price is Rs 1,599.00, up 4.72%, with significant delivery volume increase indicating strong investor interest, despite a year-to-date decline of 19.04%. The stock has shown strong long-term growth of 368.50% over three years, despite recent short-term underperformance compared to the market.
As of 15-Sep, Thacker & Company Ltd is experiencing a price increase, currently at Rs 1,599.00, which reflects a rise of Rs 72.0 or 4.72%. Today's performance indicates that the stock has outperformed its sector by 4.57%, reaching an intraday high of Rs 1,599. The stock's delivery volume has significantly increased, with a rise of 490.58% against the 5-day average, suggesting heightened investor interest. While the stock is currently trading above its 20-day and 100-day moving averages, it remains below the 5-day, 50-day, and 200-day moving averages. The stock's year-to-date performance shows a decline of 19.04%, contrasting with a 4.67% increase in the benchmark index, Sensex.In the broader market context, the stock's short-term return over the past week has been negative at -2.50%, while the Sensex has gained 1.24%. This indicates that despite today's positive movement, the stock has struggled in the short term compared to the overall market. Over the past month, Thacker & Company Ltd has shown a slight gain of 0.99%, which is lower than the Sensex's 1.47% increase. The long-term performance, however, is more favorable, with a remarkable 368.50% increase over three years and a 1303.25% increase over five years, suggesting strong historical growth despite recent volatility.
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