Why is 7NR Retail Ltd falling/rising?
As of 23-Sep, 7NR Retail Ltd's stock price is at 4.54, up 2.48%, but it is trading below all major moving averages, indicating a longer-term downward trend. The stock has underperformed against the Sensex recently, with significant drops in investor participation and a year-to-date decline of 9.20%.
As of 23-Sep, 7NR Retail Ltd's stock price is currently at 4.54, reflecting an increase of 0.11 or 2.48%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.89%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 65.08% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, 7NR Retail Ltd has underperformed against the benchmark Sensex over the past week and month, with returns of -7.72% and -7.35% respectively, while the Sensex has shown slight gains of -0.34% and +0.98%. Year-to-date, the stock is down 9.20%, contrasting with the Sensex's positive return of 5.07%. Despite its strong performance over the longer term, with a 3-year return of +218.02% and a 5-year return of +637.18%, the recent short-term performance suggests challenges that could be affecting investor sentiment.
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