Why is Toyam Sports falling/rising?
As of 07-Nov, Toyam Sports Ltd is priced at 1.18, down 0.84%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 51.24%. The stock is trading below all major moving averages, and investor participation has decreased, indicating ongoing challenges for the company.
As of 07-Nov, Toyam Sports Ltd is currently priced at 1.18, reflecting a decrease of 0.01 or 0.84%. The stock has underperformed its sector by 2.36% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has decreased by 31.54% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 4.84%, and it has experienced significant losses year-to-date, down 51.24%, and over the past year, down 59.73%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the Sensex has shown a slight decline of 0.86% over the past week, which is less severe than Toyam Sports' decline. While the benchmark has gained 1.57% over the past month, Toyam Sports has seen a much larger drop of 14.49% in the same period. This stark contrast highlights the stock's underperformance relative to the market, suggesting that specific issues within Toyam Sports are contributing to its price decline, despite a relatively stable broader market environment.
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