Why is Veekayem Fash. falling/rising?
As of 24-Sep, Veekayem Fashion & Apparels Ltd is currently priced at 289.00, reflecting a 3.55% increase, but has seen an 85.71% drop in delivery volume, indicating reduced investor participation. Despite a recent weekly decline of 6.26%, the stock has a strong year-to-date increase of 26.75% and has outperformed the Sensex today.
As of 24-Sep, Veekayem Fashion & Apparels Ltd is experiencing a price increase, currently at 289.00, reflecting a rise of 9.9 or 3.55%. The stock has outperformed its sector by 3.98% today, although it is noted that the delivery volume has significantly decreased by 85.71% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has seen a decline of 6.26%, but it has shown positive performance over the longer term, with a year-to-date increase of 26.75% and a remarkable 588.10% rise over the past three years. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, while Veekayem Fashion has outperformed the Sensex by 3.98% today, it is important to note that the benchmark index has only declined by 1.08% over the past week. This suggests that despite the recent drop in investor participation, the stock's performance remains relatively strong compared to the overall market trend. The stock's ability to maintain a positive trajectory over the longer term, particularly with a year-on-year increase of 17.43%, contrasts with the Sensex's decline of 3.41% in the same period, highlighting its resilience in a challenging market environment.
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