Why is V-Mart Retail falling/rising?
As of 05-Aug, V-Mart Retail Ltd. is priced at 790.10, having gained 0.84% recently but underperforming its sector. Despite a short-term uptick, its year-to-date decline of 19.69% and decreased delivery volume indicate ongoing challenges and a cautious investor outlook.
As of 05-Aug, V-Mart Retail Ltd. is currently priced at 790.10, reflecting an increase of 6.6, or 0.84%. The stock has been gaining for the last two days, with a total return of 1.25% during this period. However, it has underperformed its sector by 0.59%. In terms of longer-term performance, the stock has shown a decline of 19.69% year-to-date and 6.36% over the past year, while it has outperformed the benchmark Sensex over the last three years with a return of 6.41%. Notably, the stock's delivery volume has decreased significantly, falling by 35.72% compared to the five-day average, indicating a decline in investor participation, which could be a factor in its recent price movement.In the broader market context, V-Mart's short-term performance has been relatively better than the Sensex, which has declined by 0.77% over the past week, while V-Mart has only decreased by 0.65%. However, the stock's year-to-date performance is notably worse than the benchmark, which has gained 3.29%. This contrast suggests that while V-Mart is experiencing a slight uptick in the short term, its overall performance remains weak compared to the market, contributing to a cautious outlook among investors. The lack of positive factors in the dashboard further emphasizes the challenges the stock faces in regaining momentum.
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