Why is Sastasundar Ven. falling/rising?
As of 20-Oct, Sastasundar Ventures Ltd's stock price is 300.10, down 0.96%, and has underperformed its sector and the benchmark Sensex recently. Despite a significant long-term gain of 253.68% over five years, the stock has faced a decline of 4.47% year-to-date and shows negative short-term trends.
As of 20-Oct, Sastasundar Ventures Ltd is experiencing a decline in its stock price, currently at 300.10, which reflects a decrease of 2.9 points or 0.96%. The stock has underperformed its sector by 1.69% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.14% during this period. Over the past week, the stock has decreased by 1.93%, and its performance over the last month shows a decline of 3.81%. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest, but overall, the stock's recent performance has been negative.In the broader market context, Sastasundar Ventures Ltd's short-term returns are notably lagging behind the benchmark, with the Sensex gaining 2.47% over the past week while the stock has fallen. Year-to-date, the stock has decreased by 4.47%, contrasting sharply with the Sensex's increase of 7.97%. This underperformance highlights a challenging environment for the stock compared to the overall market. While the stock has shown a remarkable gain of 253.68% over the last five years, the recent trends indicate a struggle to maintain momentum in the current market conditions.
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