Why is Vamshi Rubber falling/rising?
As of 10-Nov, Vamshi Rubber Ltd's stock price is Rs 49.40, down 6.76%, and has underperformed its sector significantly. The stock is in a bearish trend, trading below all major moving averages, with a notable decline in delivery volume and overall performance compared to the broader market.
As of 10-Nov, Vamshi Rubber Ltd is experiencing a decline in its stock price, currently at Rs 49.40, which represents a decrease of 3.58 (-6.76%). The stock has underperformed its sector by 6.47% today, reaching an intraday low of Rs 49.22, reflecting a drop of 7.1%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 33.55% drop compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has declined by 6.79%, and year-to-date, it has decreased by 8.52%, while its performance over the past year shows a decline of 22.20%. 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 Vamshi Rubber has faced significant declines, the benchmark Sensex has only fallen by 0.53% over the past week and has gained 6.91% year-to-date. This stark contrast highlights the stock's underperformance relative to the broader market. In the last month, Vamshi Rubber's stock has decreased by 9.19%, while the Sensex has increased by 1.25%, further emphasizing the stock's struggles in comparison to the overall market performance.
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