Why is Sabrimala Indus. falling/rising?
As of 09-Sep, Sabrimala Industries India Ltd is priced at 10.99, showing no change today and underperforming its sector by 0.83%. Despite a 32.57% increase over the past month, the stock has declined 1.61% this week and has a year-to-date drop of 43.12%, although it has outperformed the Sensex over the last three years with a return of 242.37%.
As of 09-Sep, Sabrimala Industries India Ltd is currently priced at 10.99, with no change in price (0.00%). The stock has underperformed its sector by 0.83% today. Despite this, the stock has shown a significant increase of 32.57% over the past month, although it has declined by 1.61% over the past week. The stock is currently trading higher than its 20-day, 50-day, and 100-day moving averages, but lower than its 5-day and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 192.61% against the 5-day average, indicating growing interest in the stock. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.In the broader market context, Sabrimala Industries has underperformed compared to the Sensex, which has gained 1.18% over the past week while the stock has decreased by 1.61%. Year-to-date, the stock has seen a significant decline of 43.12%, contrasting with the Sensex's increase of 3.79%. However, over a three-year period, Sabrimala Industries has outperformed the benchmark with a return of 242.37% compared to the Sensex's 35.64%. This suggests that while the stock may be facing short-term challenges, its long-term performance has been strong relative to the broader market.
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