As of 25-Jun, Shelter Infra Projects Ltd is experiencing a price increase, currently at 16.00, reflecting a change of 0.3 or 1.91% upward. The stock has shown strong performance recently, outperforming its sector by 1.47% today and achieving a consecutive gain over the last two days with a total return of 6.1%. In the past week, the stock has risen by 5.61%, although it has seen a decline of 3.32% over the past month. Notably, the stock is trading above its moving averages across various time frames, indicating positive momentum. The company has also seen a significant increase in delivery volume, which rose by 171.54% against the five-day average, suggesting rising investor interest. Furthermore, the stock's valuation appears attractive, trading at a discount compared to its peers, with a robust return of 56.10% over the past year, which is significantly higher than the market average.
In the broader market context, the stock's short-term performance has outpaced the benchmark, with a 1-week return of 5.61% compared to the Sensex's 1.61%. Despite a year-to-date decline of 13.61% against the Sensex's gain of 5.91%, the stock's recent upward movement indicates a potential recovery phase. The company's strong return on capital employed and attractive valuation metrics, alongside the majority ownership by promoters, contribute to a favorable outlook. However, the stock's performance over longer periods, such as the year-to-date and three-year returns, shows significant underperformance relative to the broader market, which may temper investor enthusiasm in the long run.