Why is Goyal Salt falling/rising?
As of 26-Jun, Goyal Salt Ltd's stock price is declining at 155.10, down 0.89%, and has underperformed its sector and the broader market significantly. The stock has dropped 19.22% year-to-date, contrasting with the Sensex's 8.05% gain.
As of 26-Jun, Goyal Salt Ltd is experiencing a decline in its stock price, currently at 155.10, which reflects a decrease of 1.4 or 0.89%. The stock has underperformed its sector by 1.45% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -1.84%, and in the last month, it has dropped by 9.88%. Despite a notable increase in delivery volume by 92.31% against the 5-day average, there are no positive or negative factors available to provide further context on the stock's recent movement.In the broader market context, Goyal Salt's performance has significantly lagged behind the benchmark, with the Sensex gaining 3.05% over the past week and 2.19% over the past month. Year-to-date, Goyal Salt has declined by 19.22%, while the Sensex has increased by 8.05%. This stark contrast indicates that the stock is not only underperforming in the short term but also struggling to keep pace with the overall market trends.
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