Why is Goenka Diamond falling/rising?
As of 19-Sep, Goenka Diamond & Jewels Ltd is experiencing a price increase to 1.07, with a recent total return of 9.18% over three days, outperforming its sector by 3.28%. However, a 39.57% drop in delivery volume raises concerns about sustained investor interest despite strong short-term performance.
As of 19-Sep, Goenka Diamond & Jewels Ltd is experiencing a price increase, currently at 1.07, reflecting a change of 0.02 or 1.9% upward. The stock has shown strong performance recently, with a consecutive gain over the last three days, resulting in a total return of 9.18% during this period. Additionally, the stock has outperformed its sector by 3.28%. In terms of returns, Goenka Diamond has increased by 13.83% over the past week and 16.30% over the past month, indicating positive momentum despite a year-to-date decline of 6.14%. However, there has been a notable decrease in investor participation, with delivery volume falling by 39.57% against the five-day average, which could suggest a potential concern for sustained interest. The positive and negative factors dashboard is not available for further insights.Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.88% over the past week and 1.20% over the past month, Goenka Diamond's short-term returns significantly exceed those of the broader market. This outperformance highlights the stock's recent strength, particularly in the short term, despite its longer-term struggles, as evidenced by a year-over-year decline of 17.05% compared to the Sensex's slight decrease of 0.67%. The stock's ability to trade above its moving averages further supports its recent upward trend, although the decline in delivery volume may warrant caution moving forward.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
