Why is Scarnose Inter. falling/rising?

Jun 06 2025 02:57 PM IST
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As of 05-Jun, Scarnose International Ltd's stock price is flat at Rs 88.54, having increased 15.74% over the past week but down 43.46% year-to-date. Despite outperforming the Sensex today, the stock shows erratic trading patterns and declining investor participation, indicating ongoing volatility and challenges in regaining confidence.
As of 05-Jun, Scarnose International Ltd's stock price is currently flat at Rs 88.54, with no change (0.00%). The stock has shown a significant increase of 15.74% over the past week and 31.60% over the past month, indicating a strong short-term performance. Today, the stock opened with a gain of 4.99% and reached an intraday high of Rs 88.54. However, it has not traded on 3 out of the last 20 days, reflecting erratic trading patterns. Additionally, there has been a decline in investor participation, with delivery volume falling by 16.67% against the 5-day average, which may indicate a lack of sustained interest. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing this stock's recent movement.

In the broader market context, Scarnose International Ltd has outperformed the Sensex by 3.35% today, despite the benchmark index showing a slight decline of 0.23% over the past week. While the stock has experienced a strong recovery in the short term, it is important to note that it is still down 43.46% year-to-date, contrasting sharply with the Sensex's gain of 4.23% in the same period. This disparity highlights the stock's volatility and the challenges it faces in regaining investor confidence, especially given its poor performance over the longer term, where it has declined 21.85% over the past year compared to the Sensex's 9.49% increase.
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