Why is Veerkrupa Jewel falling/rising?
As of 11-Sep, Veerkrupa Jewellers Ltd's stock price is declining at 0.95, down 1.04% and trading below all key moving averages, indicating a bearish trend. The stock has fallen 34.93% year-to-date, contrasting sharply with the Sensex's 4.36% increase, reflecting negative investor sentiment.
As of 11-Sep, Veerkrupa Jewellers Ltd is experiencing a decline in its stock price, currently at 0.95, which reflects a decrease of 0.01 or 1.04%. The stock has been losing value for the last two days, with a total drop of 4.04% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has fallen by 5.00%, and year-to-date, it has decreased by 34.93%. Despite this, there has been a rise in investor participation, with delivery volume increasing by 7.14% against the 5-day average, suggesting some interest in trading the stock. 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, the stock's performance has been notably weaker compared to the benchmark, the Sensex, which has gained 1.03% over the past week and 1.17% over the past month. Year-to-date, while the Sensex has increased by 4.36%, Veerkrupa Jewellers has seen a significant decline, highlighting a stark contrast in performance. Over the last year, the stock has dropped by 51.78%, while the Sensex has remained relatively flat with a 0.03% increase. This underperformance against the benchmark suggests that investor sentiment towards Veerkrupa Jewellers is currently negative, contributing to the stock's downward trajectory.
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