Why is Tokyo Plast Intl falling/rising?
As of 10-Nov, Tokyo Plast International Ltd's stock price is at 120.00, down 3.23%, and has underperformed its sector and the Sensex significantly. The stock is in a bearish trend, trading below all major moving averages, with a notable drop in delivery volume, indicating reduced investor interest.
As of 10-Nov, Tokyo Plast International Ltd's stock price is currently at 120.00, reflecting a decrease of 4.0, or 3.23%. The stock has underperformed its sector by 3.85% today, opening with a loss of 3.1%. It reached an intraday low of Rs 118.15, marking a decline of 4.72%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also seen a significant drop of 61.03% compared to the 5-day average, suggesting falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock has underperformed compared to the Sensex, with a 1-week return of -4.27% against the benchmark's -0.53%. Over the past month, the stock has declined by 1.76%, while the Sensex has increased by 1.25%. Year-to-date, Tokyo Plast International Ltd has seen a decline of 8.19%, contrasting sharply with the Sensex's gain of 6.91%. This consistent underperformance relative to the benchmark indicates that the stock is facing challenges that are not affecting the broader market in the same way.
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