Why is Scan Steels falling/rising?
As of 24-Oct, Scan Steels Ltd's stock price is at 43.98, reflecting a slight increase of 0.3%. Despite recent short-term gains, the stock has underperformed year-to-date, down 5.93% compared to the Sensex's gain of 7.77%.
As of 24-Oct, Scan Steels Ltd is experiencing a slight increase in its stock price, currently at 43.98, reflecting a change of 0.13 or 0.3% upward. The stock's performance today is in line with its sector, and it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. Over the past week, the stock has risen by 5.59%, and in the last month, it has increased by 19.54%. However, there has been a notable decline in investor participation, with delivery volume falling by 32.9% compared to the 5-day average, which may indicate reduced interest among investors. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.In the broader market context, Scan Steels' recent performance has outpaced the benchmark Sensex, which has only increased by 0.31% over the past week and 3.05% over the past month. Despite the stock's positive short-term returns, it has underperformed on a year-to-date basis, down 5.93% compared to the Sensex's gain of 7.77%. This suggests that while the stock is currently rising, it has faced challenges over a longer time frame, particularly in the past year, where it has declined by 26.93% against the benchmark's modest gain.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
