Why is Ushanti Colour falling/rising?
As of 18-Sep, Ushanti Colour Chem Ltd's stock price is Rs 39.00, down 2.38%, and it has significantly underperformed with a year-to-date decline of 36.94%. The stock is near its 52-week low and has seen a drastic drop in investor participation, indicating ongoing struggles in a generally favorable market.
As of 18-Sep, Ushanti Colour Chem Ltd is experiencing a decline in its stock price, currently at Rs 39.00, which reflects a decrease of Rs 0.95 or 2.38%. The stock has underperformed today, falling short of sector performance by 1.88%. Additionally, it is close to its 52-week low, being only 2.56% away from that point. The stock has shown a significant decline over the past month, with a return of -22.00%, and a year-to-date return of -36.94%. Investor participation has notably decreased, with a delivery volume of 0 on 17 September, indicating a 100% drop compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context indicates that while Ushanti Colour Chem Ltd has seen a short-term gain of 2.63% over the past week, this is overshadowed by its longer-term performance, which has significantly lagged behind the benchmark Sensex, which has gained 1.67% in the same period. Over the past year, the stock has declined by 38.05%, contrasting sharply with the Sensex's modest increase of 0.18%. This disparity highlights the stock's ongoing struggles in a market that has generally been more favorable, contributing to the negative sentiment surrounding Ushanti Colour Chem Ltd.
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