Why is Yasons Chemex falling/rising?
As of 22-Sep, Yasons Chemex Care Ltd's stock price is Rs 12.20, down 3.17%, with a year-to-date decline of 36.79% and a significant drop in delivery volume. The stock is underperforming compared to the Sensex, indicating challenges in attracting investor confidence.
As of 22-Sep, Yasons Chemex Care Ltd is experiencing a decline in its stock price, currently at Rs 12.20, which reflects a decrease of Rs 0.4 or 3.17%. The stock has underperformed significantly, with a 1-week return of -5.06% and a year-to-date decline of -36.79%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The delivery volume has also seen a drastic drop of 79.59% compared to the 5-day average, suggesting a lack of investor interest. Furthermore, the stock is close to its 52-week low, being only 3.28% away from Rs 11.8.In the broader market context, Yasons Chemex's performance contrasts sharply with the Sensex, which has gained 0.53% over the past week and 6.59% year-to-date. This indicates that while the overall market is experiencing positive momentum, Yasons Chemex is struggling to keep pace. The significant underperformance relative to the benchmark and the declining investor participation highlight the challenges the company faces in attracting and retaining investor confidence.
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