Why is Schloss Bangal. falling/rising?
As of 20-Aug, Schloss Bangalore Ltd's stock price is Rs 433.85, down 2.16%, and has underperformed its sector by 5.83%. Despite a recent decline, there is increased investor interest indicated by a 31.67% rise in delivery volume.
As of 20-Aug, Schloss Bangalore Ltd is experiencing a decline in its stock price, currently at Rs 433.85, which represents a decrease of Rs 9.6 or 2.16%. The stock has underperformed its sector by 5.83% today and has fallen after five consecutive days of gains. It touched an intraday low of Rs 431.6, indicating a downward trend. The stock's performance over the past week shows a decline of 1.06%, and over the past month, it has decreased by 5.83%, while the benchmark Sensex has shown a slight increase of 0.12%. There is no information available regarding positive or negative factors impacting the stock's recent movement.Broader Market Context: The broader market context indicates that while Schloss Bangalore Ltd is declining, the hotel, resort, and restaurant sector has gained by 3.78%. This suggests that the stock's performance is not aligned with the overall positive trend in its sector. Additionally, the stock's recent performance has been weaker compared to the Sensex, which has increased by 1.64% over the past week. The rising investor participation, as indicated by a 31.67% increase in delivery volume, may suggest some interest in the stock despite its current decline.
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