Why is Williamson Magor falling/rising?
As of 05-Sep, Williamson Magor & Company Ltd's stock price is at 33.00, reflecting a decline of 0.48% and underperforming its sector. The stock has decreased by 2.42% over the past month and 15.21% year-to-date, contrasting with the Sensex's gains.
As of 05-Sep, Williamson Magor & Company Ltd is experiencing a decline in its stock price, currently at 33.00, which reflects a decrease of 0.16 or 0.48%. The stock has underperformed its sector by 0.97% today and has been on a consecutive decline for the last two days, resulting in a total drop of 0.87% during this period. Additionally, the stock 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 decreased by 2.42%, and year-to-date, it has fallen by 15.21%, contrasting sharply with the Sensex, which has gained 3.29% during the same timeframe. There is no information available regarding positive or negative factors that could be influencing the stock's recent movement.Broader Market Context: In the short term, the stock's performance has lagged behind the Sensex, which has risen by 1.13% over the past week while Williamson Magor has only increased by 0.55%. This underperformance is further highlighted by the stock's significant decline over the year, down 12.93%, compared to the Sensex's slight drop of 1.81%. The rising investor participation, indicated by a 71.53% increase in delivery volume, suggests some interest in the stock despite its recent price decline, but overall, the broader market context remains unfavorable for Williamson Magor.
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