Why is S P Capital Fin. falling/rising?
As of 31-Oct, S P Capital Financing Ltd's stock price is Rs 62.39, down 6.07% and underperforming its sector. Despite strong long-term gains, recent declines and decreased investor participation indicate current struggles.
As of 31-Oct, S P Capital Financing Ltd's stock price is currently at Rs 62.39, reflecting a decline of Rs 4.03 or 6.07%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.88% during this period. Today's performance indicates that the stock has underperformed its sector by 5.34%. Additionally, the stock's delivery volume has significantly decreased, falling by 47.9% compared to the 5-day average, suggesting a decline in investor participation. The stock's recent returns show a mixed performance, with a year-to-date decline of 6.81% while it has gained 9.00% over the past year.In the broader market context, the stock's short-term performance over the past week shows a decline of 0.97%, which is worse than the Sensex's slight drop of 0.32%. Although the stock has performed well over longer periods, such as a 3-year increase of 269.17% and a 5-year increase of 345.32%, the recent downturn contrasts sharply with the benchmark's year-to-date gain of 7.42%. This disparity highlights the stock's current struggles despite its historical performance, indicating that recent negative factors are outweighing its past successes.
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