Why is Reliable Ventur. falling/rising?
As of 22-Aug, Reliable Ventures India Ltd is priced at 25.45, showing no change and a 0.00% movement. The stock has underperformed in the short term but has increased 11.77% year-to-date, outperforming its sector by 0.45%, while recent volatility suggests potential for recovery.
As of 22-Aug, Reliable Ventures India Ltd is currently priced at 25.45, with no change in its price, reflecting a 0.00% movement. The stock has underperformed in the short term, with a 1-week decline of 3.63% and a 1-month decline of 5.71%. However, it has shown strong performance year-to-date with an increase of 11.77% and a notable rise of 113.87% over the past three years. Today's price summary indicates that the stock has outperformed its sector by 0.45%, with a significant increase in delivery volume, rising by 909.42% compared to the 5-day average. The stock is trading above its 200-day moving average but below its shorter-term moving averages, suggesting mixed momentum. There are no positive or negative factors explicitly stated, which limits the analysis of specific influences on the stock's recent movement.In the broader market context, the stock's short-term performance has been weaker compared to the benchmark, as the Sensex has gained 0.88% over the past week while Reliable Ventures has declined by 3.63%. Over the past month, the stock has also underperformed the benchmark, which has decreased by only 1.07%. Despite this, the year-to-date performance of Reliable Ventures significantly outpaces the Sensex, which has risen by 4.05%. This contrast highlights the stock's volatility and the potential for recovery, especially given the rising investor participation and liquidity observed recently.
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