Why is Sadhav Shipping falling/rising?
As of 18-Sep, Sadhav Shipping Ltd's stock price is at 110.00, down 0.45%, and has underperformed its sector and the benchmark Sensex significantly over various time frames. Despite a recent increase in investor participation, the stock has shown declines of 3.72% weekly and 20.20% year-to-date.
As of 18-Sep, Sadhav Shipping Ltd's stock price is currently at 110.00, reflecting a decrease of 0.5, or 0.45%. The stock has underperformed its sector today by 0.75%. In terms of returns, Sadhav Shipping has shown a decline of 3.72% over the past week and 1.48% over the past month, with a year-to-date drop of 20.20%. The stock is currently trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 7.44% against the 5-day average, indicating some interest despite the overall negative performance. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Sadhav Shipping's performance has been notably weaker compared to the benchmark Sensex, which has gained 1.67% over the past week and 2.20% over the past month. The stark contrast is further highlighted by the year-to-date performance, where the Sensex has increased by 7.52%, while Sadhav Shipping has faced a significant decline. This underperformance relative to the benchmark suggests that investor sentiment may be more favorable towards the broader market, contributing to the stock's downward trend.
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