Why is Foods & Inns falling/rising?
As of 17-Jul, Foods & Inns Ltd is currently priced at Rs 113.00, reflecting a 2.91% increase, and has outperformed its sector today. Despite a recent positive trend, the stock has faced a year-to-date decline of 0.96% and a one-year drop of 23.70%.
As of 17-Jul, Foods & Inns Ltd is experiencing a price increase, currently at Rs 113.00, reflecting a rise of Rs 3.2 or 2.91%. The stock has outperformed its sector by 2.81% today and reached an intraday high of Rs 114.5, which is a 4.28% increase. Additionally, Foods & Inns is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 10.13% compared to the 5-day average. The stock's performance over the past month shows a significant increase of 16.14%, contrasting with a year-to-date decline of 0.96% and a one-year drop of 23.70%.In the broader market context, the Sensex has decreased by 1.12% over the past week, while Foods & Inns has only fallen by 0.57%, suggesting that the stock is relatively resilient in the short term. Over the last three years, Foods & Inns has outperformed the benchmark with a return of 90.88% compared to the Sensex's 53.01%. Despite the recent positive price movement, the overall year-to-date performance indicates some volatility and challenges, as the stock has not kept pace with the benchmark's 5.27% increase.
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