Why is Waa Solar falling/rising?
As of 23-Sep, Waa Solar Ltd's stock price is at 69.49, down 1.36%, with a significant drop in delivery volume and underperformance compared to its sector. Despite recent short-term gains, the stock has faced substantial year-to-date losses of 41.51%.
As of 23-Sep, Waa Solar Ltd's stock price is currently at 69.49, reflecting a decrease of 0.96, or 1.36%. The stock has underperformed its sector today by 0.66%, and its delivery volume has significantly dropped by 68.75% compared to the 5-day average, indicating a decline in investor participation. While the stock has shown positive returns over the past week and month, with increases of 0.71% and 2.19% respectively, it has experienced substantial losses year-to-date and over the past year, with declines of 41.51% and 55.58%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, Waa Solar's short-term performance over the past week has been favorable, as the Sensex has decreased by 0.34%. However, the stock's year-to-date performance is significantly worse than the benchmark, which has gained 5.07% during the same period. This stark contrast highlights the challenges Waa Solar is facing in the current market environment, despite its recent short-term gains.
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