Why is Pruden. Sugar falling/rising?
As of 22-Sep, Prudential Sugar Corporation Ltd is priced at 35.75, showing a slight increase but trading below key moving averages, indicating a bearish trend. Despite a recent uptick and increased investor participation, the stock has significantly underperformed year-to-date compared to the benchmark Sensex.
As of 22-Sep, Prudential Sugar Corporation Ltd is currently priced at 35.75, reflecting a slight increase of 0.1 or 0.28%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 32.5% compared to the 5-day average. However, the stock has underperformed significantly over various periods, with a year-to-date decline of 47.39% compared to a 5.15% gain in the benchmark Sensex.In the broader market context, the stock's performance over the past week has been negative at -1.24%, while the Sensex has gained 0.46%. This underperformance continues a trend seen over the past month and year, where Prudential Sugar has consistently lagged behind the benchmark. The stock's liquidity remains adequate for trading, but the overall negative returns suggest that investor sentiment may still be cautious despite today's slight rise. The absence of specific positive or negative factors further complicates the outlook, leaving the market uncertain about the stock's future trajectory.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
