Why is Sastasundar Ven. falling/rising?
As of 19-Nov, Sastasundar Ventures Ltd is seeing a price increase to Rs 318.05, up 4.24%, with strong short-term performance, outperforming the Sensex in the last week. However, its year-to-date and three-year returns lag behind the benchmark, indicating longer-term challenges.
As of 19-Nov, Sastasundar Ventures Ltd is experiencing a price increase, with its current price at Rs 318.05, reflecting a rise of Rs 12.95 or 4.24%. The stock has shown strong performance today, outperforming its sector by 4.41% and achieving consecutive gains over the last three days, with a total return of 11.66% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume has also increased by 8.66% compared to the 5-day average, suggesting rising investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Sastasundar Ventures Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of 9.73% compared to the Sensex's 0.85%. Over the past month, the stock has gained 4.97%, while the Sensex has increased by 1.47%. However, it is important to note that the stock's year-to-date performance of 1.24% lags behind the Sensex's 9.02%, and over the last three years, it has underperformed the benchmark significantly, with a return of 12.19% compared to the Sensex's 38.15%. This indicates that while the stock is currently rising, it has faced challenges in keeping pace with broader market trends over longer periods.
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