Why is Goyal Salt falling/rising?
As of 16-Sep, Goyal Salt Ltd's stock price is 175.50, up 0.4%, with a significant increase in delivery volume. Despite a monthly return of +12.46%, it has underperformed the Sensex and shows a year-to-date return of -8.59%.
As of 16-Sep, Goyal Salt Ltd's stock price is currently at 175.50, reflecting an increase of 0.7, or 0.4%. The stock has shown a positive performance today, outperforming its sector by 0.78%. Additionally, the stock's delivery volume has significantly increased by 146.15% compared to the 5-day average, indicating rising investor participation. Over the past month, Goyal Salt has experienced a return of +12.46%, although it has underperformed the benchmark Sensex, which rose by +2.47% during the same period. Notably, the stock is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but is lower than its 5-day moving average. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, Goyal Salt's short-term performance over the past week shows a return of +0.29%, which is significantly lower than the Sensex's return of +1.49%. This indicates that while the stock has seen some upward movement today, it is lagging behind the overall market trend in the short term. Year-to-date, Goyal Salt has a return of -8.59%, contrasting with the Sensex's gain of +6.74%, further highlighting its underperformance relative to the market.
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