Why is Sanghvi Movers falling/rising?
As of 24-Sep, Sanghvi Movers Ltd's stock price is Rs 389.15, down 1.38%, with a recent trend reversal after two days of gains. Despite strong long-term growth indicators, the stock is facing short-term caution due to declining investor participation and a recent intraday low of Rs 381.25.
As of 24-Sep, Sanghvi Movers Ltd is experiencing a decline in its stock price, currently at Rs 389.15, which reflects a decrease of Rs 5.45 or 1.38%. Today's price summary indicates that the stock has underperformed its sector by 0.92% and has seen a trend reversal after two consecutive days of gains. The stock touched an intraday low of Rs 381.25, marking a decline of 3.38%. Despite this, Sanghvi Movers is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 0.71%, and it has performed well over the longer term, with a year-to-date increase of 26.88%. The company maintains a low Debt to EBITDA ratio of 0.84 times, indicating a strong ability to service its debt, and has demonstrated healthy long-term growth with an annual operating profit increase of 85.19%.In the broader market context, the Sensex has declined by 1.18% over the past week, suggesting that the stock's short-term performance is relatively better than the benchmark. However, the falling investor participation, with a delivery volume decrease of 34.88% against the 5-day average, may indicate waning interest among investors, contributing to the stock's current downward movement. Despite the positive long-term growth indicators, the recent price action and reduced trading volume suggest caution among investors in the short term.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
