Why is Sastasundar Ven. falling/rising?
As of 13-Nov, Sastasundar Ventures Ltd is currently priced at Rs 298.65, reflecting a 3.04% increase today and a total return of 6.49% over the last two days. Despite recent gains, the stock has underperformed the Sensex over the longer term, with a year-to-date decline of 4.93%.
As of 13-Nov, Sastasundar Ventures Ltd is experiencing a price increase, currently at Rs 298.65, which reflects a rise of Rs 8.8 or 3.04%. The stock has shown a positive performance today, outperforming its sector by 3.06%, and has been on a consecutive gain for the last two days, accumulating a total return of 6.49% during this period. Additionally, the stock reached an intraday high of Rs 306.85, marking a 5.87% increase. Despite a year-to-date decline of 4.93% and a one-year drop of 8.25%, the stock has performed well over the last five years with a return of 135.06%. There is no information available regarding positive or negative factors that could impact the stock's recent movement.Broader Market Context: In the short term, Sastasundar Ventures Ltd has outperformed the benchmark Sensex, which has increased by 1.40% over the past week, while the stock itself has risen by 3.34%. This indicates a stronger performance relative to the broader market in the immediate term. However, over the longer term, the stock has lagged behind the Sensex, which has gained 8.11% year-to-date and 8.74% over the past year, suggesting that while the stock is currently experiencing a positive trend, it has not kept pace with the overall market performance in the longer timeframe.
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