Why is Toss The Coin falling/rising?
As of 09-Sep, Toss The Coin Ltd's stock price is Rs 342.00, down 3.38% today, and has underperformed its sector. Despite a recent increase in investor participation, the stock has declined 25.81% year-to-date, contrasting with the Sensex's gain of 3.79%.
As of 09-Sep, Toss The Coin Ltd's stock price is currently at Rs 342.00, reflecting a decline of Rs 11.95 or 3.38%. The stock has underperformed its sector by 2.64% today and has experienced a trend reversal after four consecutive days of gains. It opened with a loss of 2.83% and reached an intraday low of Rs 342. The stock has been trading in a narrow range of Rs 1.95 and, despite being higher than the 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 400% compared to the 5-day average. However, there is no information available regarding positive or negative factors impacting the stock.In terms of broader market context, Toss The Coin's 1-week return stands at +8.74%, significantly outperforming the Sensex, which has only gained 1.18% in the same period. Over the past month, the stock has risen by 2.09%, while the Sensex has increased by 1.56%. However, year-to-date, Toss The Coin has seen a substantial decline of 25.81%, contrasting sharply with the Sensex's gain of 3.79%. This disparity highlights the stock's struggles in the longer term despite recent short-term gains.
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