Why is S & S Power Swit falling/rising?
As of 17-Jul, S & S Power Switchgear Ltd's stock price is declining at 428.10, down 1.99% after three consecutive days of losses totaling 5.86%. Despite a strong annual increase of 61.58%, recent volatility and a significant drop in delivery volume indicate a downturn in investor interest.
As of 17-Jul, S & S Power Switchgear Ltd is experiencing a decline in its stock price, currently at 428.10, which reflects a decrease of 8.7 points or 1.99%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 5.86%. Additionally, the stock has shown high volatility today, with an intraday volatility of 209.99%. Despite its strong performance over the past year, where it has increased by 61.58%, the recent trend indicates a downturn, compounded by a significant drop in delivery volume, which fell by 98.28% against the 5-day average.In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has outperformed the Sensex over the past week with a return of 3.78% compared to the Sensex's decline of 1.12%. However, the year-to-date performance shows that the stock has lagged behind the benchmark, with a return of 2.88% versus the Sensex's 5.27%. This suggests that while the stock has had periods of strong growth, recent investor participation has waned, contributing to the current price decline.
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