Why is Sanjiv.Parant. falling/rising?
As of 24-Oct, Sanjivani Paranteral Ltd's stock price is Rs. 199.40, down 3.74%, and has hit a new 52-week low of Rs. 193. The stock has significantly underperformed, declining 47.80% year-to-date, while the benchmark Sensex has gained 7.77%.
As of 24-Oct, Sanjivani Paranteral Ltd's stock price is currently at Rs. 199.40, reflecting a decline of Rs. 7.75, or 3.74%. The stock has been underperforming significantly, having hit a new 52-week low of Rs. 193 today and experiencing a consecutive fall over the last four days, resulting in a total drop of 4.6% during this period. Additionally, the stock opened with a loss of 6.83% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased by 37.35% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context shows that while Sanjivani Paranteral Ltd has declined by 5.83% over the past week and 17.84% over the past month, the benchmark Sensex has increased by 0.31% and 3.05% respectively during the same periods. This stark contrast highlights the stock's significant underperformance relative to the broader market. Year-to-date, the stock has plummeted by 47.80%, while the Sensex has gained 7.77%, further illustrating the challenges faced by Sanjivani Paranteral Ltd in the current market environment.
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