Why is Sahaj Fashions falling/rising?
As of 18-Sep, Sahaj Fashions Ltd is currently priced at 8.70, reflecting a recent increase but significant declines of -9.84% over the past week and month, and is trading below all moving averages, indicating a bearish trend. The stock has underperformed compared to the Sensex, with a year-to-date return of -37.41%.
As of 18-Sep, Sahaj Fashions Ltd is experiencing a price increase, currently at 8.70, reflecting a change of 0.4 or 4.82% upward. Despite this positive movement today, the stock has shown a significant decline over the past week and month, with returns of -9.84% in both periods. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The delivery volume has also decreased by 16.67% compared to the 5-day average, suggesting falling investor participation. There are no positive or negative dashboard factors available to further explain the stock's recent movement.In the broader market context, Sahaj Fashions' performance contrasts sharply with the benchmark, as the Sensex has gained 1.67% over the past week and 2.20% over the past month. This underperformance is further highlighted by the year-to-date return of -37.41% for Sahaj Fashions compared to the Sensex's positive return of 7.52%. The stock's erratic trading pattern, with no trades on 3 out of the last 20 days, may also contribute to its volatility and lack of investor confidence, further exacerbating its decline relative to the broader market.
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