Why is JHS Svend.Retail falling/rising?
As of 18-Sep, JHS Svendgaard Retail Ventures Ltd is currently priced at 37.99, showing a slight upward trend after recent declines, but it has a year-to-date decline of 10.08%. While it has outperformed the Sensex in the short term, its longer-term performance remains weak compared to the benchmark.
As of 18-Sep, JHS Svendgaard Retail Ventures Ltd is experiencing a price increase, currently at 37.99, reflecting a change of 0.4 or 1.06% upward. The stock has gained after two consecutive days of decline, indicating a potential trend reversal. It is currently trading above its 50-day moving averages but below the 5-day, 20-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 65.81% against the 5-day average. However, the stock has shown a negative performance over the longer term, with a year-to-date decline of 10.08%, despite a slight recovery in the past week with a 4.11% increase.In the broader market context, JHS Svendgaard's recent performance has outpaced the Sensex in the short term, with a 1-week return of 4.11% compared to the Sensex's 1.80%. However, over the past month, the stock has underperformed the benchmark, declining by 5.02% while the Sensex gained 2.14%. This mixed performance suggests that while there may be short-term optimism reflected in today's price movement, the stock's longer-term trends remain concerning, particularly with a year-to-date decline that contrasts with the Sensex's positive return of 6.24%.
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