Why is Yasons Chemex falling/rising?
As of 30-Jun, Yasons Chemex Care Ltd is priced at Rs 12.50, with a year-to-date decline of 35.23%, significantly underperforming the market. The stock is trading below all major moving averages and is only slightly above its 52-week low, indicating a bearish trend amidst a generally positive market.
As of 30-Jun, Yasons Chemex Care Ltd is currently priced at Rs 12.50, showing no change (0.00%). The stock has been underperforming significantly, with a decline of 4.21% over the past week and 6.02% over the past month. Year-to-date, the stock has decreased by 35.23%, and it is currently trading just 0.4% above its 52-week low of Rs 12.45. Additionally, Yasons Chemex is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 8.33% against the 5-day average, the overall performance today has underperformed the sector by 0.52%. There are no positive or negative factors available to further explain the stock's recent movement.In the broader market context, the Sensex has shown a positive return of 2.18% over the past week and 3.10% over the past month, contrasting sharply with Yasons Chemex's negative performance. The stock's year-to-date decline of 35.23% is significantly worse than the Sensex's gain of 7.92%, highlighting a substantial underperformance relative to the market. This disparity suggests that while the broader market is experiencing upward momentum, Yasons Chemex is struggling to maintain investor confidence, contributing to its declining stock price.
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