Why is Salasar Exterior falling/rising?
As of 10-Jun, Salasar Exteriors & Contour Ltd is seeing a price increase to 6.20, up 4.2%, with significant short-term outperformance against its sector. However, the stock has declined 66.12% year-to-date and 67.88% over the past year, indicating ongoing long-term challenges despite recent gains.
As of 10-Jun, Salasar Exteriors & Contour Ltd is experiencing a price increase, with the current price at 6.20, reflecting a rise of 0.25 or 4.2%. Today's price summary indicates that the stock has outperformed its sector by 5%, and there has been a significant increase in investor participation, with delivery volume rising by 118.75% compared to the 5-day average. However, while the stock is currently above its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has shown a 3.33% increase over the past week, but it has declined by 19.48% over the past month and is down 66.12% year-to-date.In the broader market context, the Sensex has increased by 2.29% over the past week, indicating that Salasar Exteriors has outperformed the benchmark in the short term. However, the stock's longer-term performance remains concerning, with a significant decline of 67.88% over the past year compared to the Sensex's 7.93% increase. This stark contrast suggests that while there may be short-term positive movements, the overall trend for Salasar Exteriors has been negative, reflecting broader challenges that may not be captured in the immediate price changes.
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