Why is Samtex Fashion falling/rising?
As of 22-Sep, Samtex Fashions Ltd's stock price is declining at 2.46, down 1.6%, and has underperformed its sector. Despite a recent positive return of 3.36% over the past week, it has a year-to-date decline of 14.88%, contrasting with the broader market's growth.
As of 22-Sep, Samtex Fashions Ltd is experiencing a decline in its stock price, currently at 2.46, which reflects a decrease of 0.04 or 1.6%. The stock has underperformed its sector by 0.89% today, and while it is higher than the 20-day and 50-day moving averages, it is lower than the 5-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on September 19 falling by 77.14% compared to the 5-day average. Over the past week, the stock has shown a positive return of 3.36%, but it has underperformed over the longer term, with a year-to-date decline of 14.88% and a one-year drop of 25.00%.In the broader market context, the Sensex has increased by 0.46% over the past week and has a year-to-date gain of 5.15%, indicating that the overall market is performing better than Samtex Fashions. This disparity in performance suggests that while the market is experiencing growth, Samtex is struggling, particularly with its one-month return of -5.02% compared to the Sensex's 1.05% gain. The lack of available positive or negative dashboard factors further complicates the analysis, as there are no specific insights into the underlying causes of the stock's recent movement.
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