Why is Toss The Coin falling/rising?
As of 08-Sep, Toss The Coin Ltd is priced at 353.95, having increased by 0.84% over the last three days with a total return of 12.54%. Despite this short-term outperformance compared to the Sensex, the stock's long-term performance remains negative at -23.22%.
As of 08-Sep, Toss The Coin Ltd is currently priced at 353.95, reflecting an increase of 2.95 (0.84%). The stock has been on an upward trend, gaining for the last three days and achieving a total return of 12.54% during this period. However, it is important to note that the stock's delivery volume has significantly decreased, falling by 61.54% against the five-day average, indicating a decline in investor participation. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting mixed signals regarding its momentum. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.53% over the past week, Toss The Coin Ltd has outperformed with a return of 12.37% during the same period. This strong performance in the short term contrasts with the year-to-date return of -23.22% for the stock, while the Sensex has gained 3.39% in the same timeframe. The stock's recent gains highlight a significant recovery relative to the broader market, although the long-term performance remains concerning.
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