Why is Nihar Info Glob. falling/rising?
As of 17-Nov, Nihar Info Global Ltd's stock price is at 6.50, up 3.17%, and has outperformed its sector and the benchmark Sensex recently. Despite a longer-term decline, the stock shows signs of a potential recovery with increased investor participation and positive short-term performance.
As of 17-Nov, Nihar Info Global Ltd's stock price is currently at 6.50, reflecting an increase of 0.2 or 3.17%. The stock has shown strong performance today, outperforming its sector by 2.9%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also experienced a significant rise in investor participation, with a delivery volume increase of 514.52% compared to the 5-day average. Over the past week, the stock has gained 3.34%, while its year-to-date return stands at 4.00%. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Nihar Info Global Ltd's short-term performance of 3.34% over the past week has outpaced the benchmark Sensex, which has risen by 1.69% during the same period. This indicates that the stock is performing well relative to the overall market. Despite a longer-term underperformance over 3 years, where the stock declined by 18.65% compared to the Sensex's gain of 37.57%, the recent upward trend suggests a potential recovery phase, particularly in the short term.
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