Why is S & S Power Swit falling/rising?
As of 24-Sep, S & S Power Switchgear Ltd is priced at 402.30, with a recent positive trend and a total return of 5.12% over the last two days. Despite short-term challenges, the stock has outperformed the Sensex over the past year and shows strong long-term performance.
As of 24-Sep, S & S Power Switchgear Ltd is currently priced at 402.30, reflecting a slight increase of 0.6, or 0.15%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.12% during this period. It is trading above its 100-day and 200-day moving averages, although it remains below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 40.45% compared to the 5-day average. The stock's performance over the past week shows a decline of 5.55%, while it has increased by 0.11% over the past month and has a year-to-date decline of 3.32%. In the broader market context, the Sensex has experienced a decline of 1.18% over the past week, which is less severe than the stock's performance, indicating that the stock's recent gains may be a result of specific company factors rather than overall market trends. Over the past year, S & S Power Switchgear Ltd has outperformed the Sensex, with a return of 3.33% compared to the benchmark's decline of 3.77%. This suggests that while the stock has faced challenges in the short term, its long-term performance remains strong, particularly over a three-year period where it has achieved an impressive return of 1515.66%, significantly outpacing the Sensex's 40.65%.
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