Why is Yunik Managing falling/rising?
As of 07-Oct, Yunik Managing Advisors Ltd's stock price is Rs 9.00, down 6.15%, underperforming its sector and trading below all moving averages. Despite long-term gains, recent trends indicate a significant decline, with a year-to-date drop of 32.33% and reduced investor participation.
As of 07-Oct, Yunik Managing Advisors Ltd is experiencing a decline in its stock price, currently at Rs 9.00, which reflects a decrease of Rs 0.59 or 6.15%. The stock has underperformed its sector by 6.32% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock is close to its 52-week low, being only 2.89% above the low of Rs 8.74. Over the past month, the stock has decreased by 8.16%, and year-to-date, it has fallen by 32.33%, indicating a significant downward trend. There is also a noted decline in investor participation, with delivery volume dropping by 13.35% compared to the 5-day average.In the broader market context, the stock's short-term performance over the past week shows a modest gain of 1.01%, but this is overshadowed by the Sensex, which has increased by 2.07% during the same period. The stark contrast in performance highlights the stock's struggles relative to the benchmark. While the stock has shown strong returns over the longer term, with a 3-year increase of 89.08% and a 5-year increase of 192.21%, the recent trends suggest a troubling decline that is not aligned with the overall market's positive movement.
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