Why is S & S Power Swit falling/rising?
As of 08-Oct, S & S Power Switchgear Ltd's stock price is Rs 372.90, down 4.38%, and has underperformed its sector and the Sensex significantly over various time frames. The stock is trading below all major moving averages and has declined 10.38% year-to-date.
As of 08-Oct, S & S Power Switchgear Ltd's stock price is currently at Rs 372.90, reflecting a decrease of Rs 17.1 or 4.38%. The stock has underperformed its sector by 4.72% today and has shown erratic trading, not trading on 3 out of the last 20 days. It reached an intraday low of Rs 362.7, marking a decline of 7%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 4.29%, and it has experienced a significant drop of 10.38% year-to-date, while the benchmark Sensex has increased by 4.65% during the same period. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In the short term, S & S Power Switchgear Ltd has underperformed compared to the Sensex, which has gained 0.98% over the past week while the stock has decreased by 4.29%. This trend of underperformance is evident across multiple time frames, with the stock down 8.13% over the past month and 12.09% over the past year, contrasting sharply with the Sensex's positive returns. The broader market context indicates that while the overall market has shown resilience, S & S Power Switchgear Ltd has struggled, contributing to its declining stock price.
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