Why is Zeal Global Serv falling/rising?
As of 23-Sep, Zeal Global Services Ltd's stock price has risen to 120.90, reflecting a 17.04% increase, but it remains down 30.91% year-to-date. Despite recent gains, the stock has underperformed over the longer term compared to the broader market.
As of 23-Sep, Zeal Global Services Ltd is experiencing a significant rise in its stock price, currently at 120.90, reflecting a change of 17.6, or 17.04% increase. The stock has outperformed its sector today by 16.87%, and there has been a notable increase in investor participation, with delivery volume rising by 1086.05% against the 5-day average. In terms of performance over the past week, the stock has gained 7.13%, while it has seen a decline of 0.90% over the past month. However, it is important to note that the stock is down 30.91% year-to-date and 33.75% over the past year, indicating a longer-term downward trend despite the recent uptick.In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week and a gain of 1.20% over the past month, suggesting that while Zeal Global Services Ltd is rising, the overall market sentiment is mixed. The stock's recent performance contrasts sharply with its year-to-date and one-year returns, which are significantly lower than the benchmark's positive performance. This indicates that while the stock is currently gaining traction, it has struggled to keep pace with the broader market trends in the longer term.
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