Why is Goyal Salt falling/rising?
As of 04-Jul, Goyal Salt Ltd's stock price is at 152.70, down 3.32% and underperforming its sector. The stock has declined 20.47% year-to-date, contrasting sharply with the Sensex's 7.68% gain.
As of 04-Jul, Goyal Salt Ltd's stock price is currently at 152.70, reflecting a decrease of 5.25, or 3.32%. The stock has underperformed its sector by 3.9% 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 declined by 2.24%, and it has seen a significant year-to-date drop of 20.47%. Despite this, there has been a slight increase in investor participation, with delivery volume rising by 2.27% compared to the 5-day average. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Goyal Salt's performance has been notably weaker compared to the Sensex, which has gained 7.68% year-to-date. While the Sensex has shown a positive return of 3.42% over the past month, Goyal Salt has experienced a decline of 5.07% in the same period. This stark contrast highlights the challenges faced by Goyal Salt in the current market environment, contributing to its downward price movement.
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