Why is Sarveshwar Foods falling/rising?
As of 17-Nov, Sarveshwar Foods Ltd's stock price is Rs 4.88, down 1.81%, with significant declines over the past week, month, and year. The stock is underperforming compared to the Sensex, trading below all moving averages, and experiencing decreased investor participation.
As of 17-Nov, Sarveshwar Foods Ltd is experiencing a decline in its stock price, currently at Rs 4.88, which reflects a decrease of Rs 0.09 or 1.81%. The stock has underperformed significantly, with a 1-week return of -1.81%, a 1-month return of -5.79%, and a year-to-date decline of 45.05%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The delivery volume has also decreased by 12.19% compared to the 5-day average, suggesting a drop in investor participation. There is no available information on positive or negative factors that could influence the stock's recent movement.In the broader market context, Sarveshwar Foods' performance contrasts sharply with the benchmark Sensex, which has gained 1.69% over the past week and 1.19% over the past month. This underperformance highlights the stock's struggles relative to the overall market, as it has not only declined significantly year-to-date but also over the past year, where it fell by 45.72% compared to the Sensex's 9.50% gain. The liquidity of the stock appears adequate for trading, but the overall negative sentiment and declining participation may be contributing to its downward trajectory.
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