Why is Reliable Ventur. falling/rising?
As of 02-Jul, Reliable Ventures India Ltd is currently priced at 30.07, reflecting a 0.87% increase. Despite recent volatility, the stock has shown strong long-term performance with a 3-year return of 131.49% and a 5-year return of 147.08%.
As of 02-Jul, Reliable Ventures India Ltd is experiencing a price increase, currently at 30.07, with a change of 0.26, representing a rise of 0.87%. The stock has shown strong performance over the past month, with a return of 25.34%, significantly outperforming the Sensex, which only gained 2.50% in the same period. Additionally, the stock has outperformed its sector today by 1.67%. Today's trading activity indicates rising investor participation, with a delivery volume increase of 216.18% compared to the 5-day average. The stock's price is also higher than the 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day and 20-day moving averages. There are no specific positive or negative factors available to further explain the stock's recent movement.Broader market context shows that while Reliable Ventures has had a strong year-to-date return of 32.06% compared to the Sensex's 6.75%, it has underperformed the benchmark in the short term, with a 1-week return of -6.00% against the Sensex's gain of 0.79%. This suggests that despite the recent price increase, the stock has faced some volatility in the short term. However, its long-term performance remains robust, with a 3-year return of 131.49% and a 5-year return of 147.08%, indicating strong overall growth relative to the broader market.
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