Why is Tokyo Plast Intl falling/rising?
As of 13-Oct, Tokyo Plast International Ltd's stock price is Rs 128.00, up 4.79% after two days of decline, but with a 55.76% drop in delivery volume. Despite a strong short-term performance, the stock has a year-to-date decline of 2.07%, underperforming the Sensex's gain of 5.36%.
As of 13-Oct, Tokyo Plast International Ltd's stock price is currently at Rs 128.00, reflecting an increase of Rs 5.85 or 4.79%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It opened with a gain of 4.79% today and reached an intraday high of Rs 128. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 55.76% against the 5-day average. Over the past week, the stock has outperformed its sector by 5.24%, and its one-year return stands at 11.30%, indicating a strong performance relative to the benchmark.In the broader market context, the stock's short-term return of 5.44% over the past week significantly outpaces the Sensex's return of 0.66% during the same period. However, the year-to-date performance shows a decline of 2.07% for Tokyo Plast, contrasting with the Sensex's gain of 5.36%. This suggests that while the stock is experiencing a short-term rebound, it has struggled to maintain momentum over a longer timeframe compared to the broader market.
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