Why is Yasons Chemex falling/rising?
As of 23-Jul, Yasons Chemex Care Ltd is priced at Rs 12.50, with a year-to-date decline of 35.23% and a one-year drop of 50.00%. Despite a recent increase in investor participation, the stock remains below all moving averages and close to its 52-week low, indicating ongoing struggles compared to the broader market.
As of 23-Jul, Yasons Chemex Care Ltd is currently priced at Rs 12.50, showing no change (0.00%). The stock has been underperforming in the longer term, with a year-to-date decline of 35.23% and a one-year drop of 50.00%. Despite today's performance, which slightly outperformed its sector by 0.31%, the stock is trading below all its moving averages, indicating a bearish trend. Additionally, it is close to its 52-week low, just 2% away from Rs 12.25. However, there has been a significant increase in investor participation, with delivery volume rising by 381.48% compared to the five-day average, suggesting some renewed interest in the stock.In the broader market context, Yasons Chemex's short-term performance over the past week is flat at 0.00%, while the benchmark Sensex has gained 0.03%. This indicates that the stock is not keeping pace with the market, reflecting its ongoing struggles. Furthermore, the stock's year-to-date performance contrasts sharply with the Sensex's gain of 6.66%, highlighting the challenges Yasons Chemex faces in attracting investor confidence compared to the overall market.
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