Why is Zee Learn falling/rising?
As of 06-Nov, Zee Learn Ltd's stock price is at 8.00, down 5.1%, and has underperformed significantly, trading below all major moving averages and experiencing a 5.88% decline over the last two days. Year-to-date, the stock has decreased by 3.26%, contrasting sharply with the Sensex's positive performance.
As of 06-Nov, Zee Learn Ltd's stock price is currently at 8.00, reflecting a decrease of 0.43, or 5.1%. The stock has been underperforming, having fallen for the last two days with a total decline of 5.88%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 62.52% compared to the 5-day average. The stock's performance over the past week shows a decline of 5.99%, while it has also underperformed the sector by 3.16%. Year-to-date, the stock has decreased by 3.26%, and over the past year, it has fallen by 19.27%.In the broader market context, the Sensex has shown a relatively stable performance, gaining 1.86% over the past month and 6.62% year-to-date. In contrast, Zee Learn's performance has been negative, with a 13.04% decline over the past month and a 3-year return of 12.52%, which is significantly lower than the Sensex's 36.69% increase during the same period. This stark contrast highlights the stock's struggles in a generally positive market environment, contributing to its recent price decline.
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