Why is Sat Kartar falling/rising?
As of 11-Nov, Sat Kartar Shopping Ltd's stock price is 178.20, down 5.14%, with a significant drop in delivery volume and underperformance compared to its sector. Despite a positive month-long return of 7.58%, short-term pressures are currently dominating its performance.
As of 11-Nov, Sat Kartar Shopping Ltd is experiencing a decline in its stock price, currently at 178.20, which reflects a decrease of 9.65 or 5.14%. The stock has underperformed its sector today by 5.11%, and the delivery volume has significantly decreased by 63.11% compared to the 5-day average, indicating falling investor participation. Although the stock is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. In the past week, the stock has seen a return of -5.24%, contrasting with a slight gain of 0.38% in the Sensex.In the broader market context, the stock's performance over the past month shows a positive return of 7.58%, which is significantly better than the Sensex's 1.62% gain. However, the recent decline suggests that short-term pressures are outweighing the longer-term positive trends. The lack of available positive or negative factors further complicates the analysis of the stock's current movement, leaving a gap in understanding the specific catalysts behind the recent price drop.
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