Why is Salasar Exterior falling/rising?
As of 15-Sep, Salasar Exteriors & Contour Ltd is priced at 5.90, down 1.67%, and has significantly underperformed its sector and the benchmark Sensex. The stock shows a downward trend with erratic trading patterns and a year-to-date decline of 67.76%, indicating a lack of investor interest.
As of 15-Sep, Salasar Exteriors & Contour Ltd is currently priced at 5.90, reflecting a decrease of 0.1 or 1.67%. The stock has underperformed its sector by 3.82% today, and it has shown erratic trading patterns, not trading on 4 out of the last 20 days. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. The delivery volume has also significantly decreased, with a drop of 92.23% compared to the 5-day average, suggesting a lack of investor interest. Year-to-date, the stock has plummeted by 67.76%, while its performance over the past year shows a decline of 67.22%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 1.20% over the past week and 1.78% over the past month. This stark contrast highlights the challenges Salasar Exteriors faces, as it has not only underperformed in the short term but has also seen significant declines over longer periods, including a staggering 76.55% drop over the past three years. The overall market appears to be performing well, with the Sensex showing a 6.02% increase year-to-date, further emphasizing the struggles of Salasar Exteriors in attracting investor confidence and participation.
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