Why is Wanbury falling/rising?
As of 10-Nov, Wanbury Ltd's stock price is 244.15, down 1.11%, and has declined 8.51% over the last three days. The stock is underperforming compared to the market, with significant drops in both delivery volume and overall performance relative to the Sensex.
As of 10-Nov, Wanbury Ltd's stock price is currently at 244.15, reflecting a decrease of 2.75, or 1.11%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.51% 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. The delivery volume has also decreased significantly, with a drop of 47.26% compared to the 5-day average, suggesting a decline in investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Wanbury's performance over the past week shows a decline of 7.34%, contrasting sharply with the Sensex, which has only decreased by 0.53%. Over the past month, Wanbury has also underperformed, with a decline of 3.73% compared to a 1.25% increase in the Sensex. Year-to-date, the stock has fallen by 15.42%, while the benchmark has risen by 6.91%. This significant underperformance relative to the market indicates that Wanbury is facing challenges that are not affecting the broader market to the same extent.
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