Why is Goyal Salt falling/rising?
As of 03-Nov, Goyal Salt Ltd's stock price is at 186.50, down 4.82% today and underperforming its sector. Despite a 3.61% gain over the past week, it has a year-to-date decline of 2.86% and an 18.22% drop over the past year, indicating weak long-term performance compared to the market.
As of 03-Nov, Goyal Salt Ltd's stock price is currently at 186.50, reflecting a decrease of 9.45 points or 4.82%. The stock has underperformed its sector by 5.17% today, and there has been a significant decline in investor participation, with delivery volume dropping by 67.11% against the 5-day average. While the stock has shown a positive return of 3.61% over the past week and 6.57% over the past month, it has a year-to-date decline of 2.86% and a substantial 18.22% drop over the past year. There is no available information on positive or negative factors that could further explain the stock's recent movement.In the broader market context, Goyal Salt's short-term performance over the last week has outperformed the Sensex, which has declined by 0.78%. However, the stock's year-to-date performance is lagging behind the benchmark, which has gained 8.96% during the same period. This contrast indicates that while Goyal Salt has seen some short-term gains, its longer-term performance remains weak compared to the overall market, contributing to the downward pressure on its stock price.
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