Why is Sat Kartar falling/rising?
As of 24-Jul, Sat Kartar Shopping Ltd's stock price is at 181.45, up 4.28%, but it has underperformed its sector and the benchmark Sensex. The stock has seen a slight weekly gain but a monthly decline, with significant drops in investor participation and liquidity concerns.
As of 24-Jul, Sat Kartar Shopping Ltd's stock price is currently at 181.45, reflecting an increase of 7.45, or 4.28%. Despite this positive movement today, the stock has underperformed its sector by 2.07%. The stock's performance over the past week shows a slight gain of 0.14%, while it has declined by 4.88% over the past month. Additionally, the stock is trading higher than its 100-day and 200-day moving averages but lower than its 5-day, 20-day, and 50-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 70.59% compared to the 5-day average. There is no information available regarding positive or negative factors impacting the stock.Broader market context indicates that while the stock has shown a minor gain in the short term, it has not kept pace with the benchmark Sensex, which has experienced a slight decline of 0.20% over the same week. The Sensex has performed better over the past month, gaining 0.07%, contrasting with Sat Kartar's decline. This underperformance against the benchmark may contribute to the stock's volatility and investor sentiment, particularly in light of the falling delivery volumes and liquidity concerns.
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