Why is Salasar Exterior falling/rising?
As of 21-Jul, Salasar Exteriors & Contour Ltd's stock price has declined to 6.30, down 4.55%, and has underperformed its sector by 5%. The stock has dropped 69.93% over the past year, contrasting sharply with the stable performance of the Sensex.
As of 21-Jul, Salasar Exteriors & Contour Ltd is experiencing a decline in its stock price, currently at 6.30, which reflects a decrease of 0.3 or 4.55%. The stock has underperformed its sector by 5% today and has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also significantly decreased, with a 72.22% drop compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 69.93%, indicating ongoing challenges for the company.In the broader market context, the Sensex has remained relatively stable with a slight increase of 0.03% over the past week, contrasting sharply with Salasar's 4.55% decline. This suggests that the stock's poor performance is not aligned with the overall market trend. Year-to-date, while the Sensex has gained 6.12%, Salasar's stock has plummeted by 65.57%, highlighting a significant divergence from market performance. The lack of positive factors in the dashboard further emphasizes the challenges facing Salasar Exteriors, contributing to the stock's downward trajectory.
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