Why is Schloss Bangal. falling/rising?
As of 22-Sep, Schloss Bangalore Ltd is currently priced at Rs 430.70, reflecting a 2.66% increase and outperforming its sector. Despite a significant drop in delivery volume, the stock shows a bullish trend with strong short-term performance compared to the Sensex.
As of 22-Sep, Schloss Bangalore Ltd is experiencing a price increase, currently at Rs 430.70, reflecting a rise of Rs 11.15 or 2.66%. The stock has shown a positive trend today, outperforming its sector by 3.27% and reversing a two-day decline. It reached an intraday high of Rs 433.75, indicating strong buying interest. Additionally, the stock has performed well over the past week and month, with returns of +1.83% and +2.92%, respectively, although year-to-date and one-year performance data is not available. Despite a significant drop in delivery volume, which fell by 89.12% against the five-day average, the stock remains above its moving averages, suggesting a bullish trend.In the broader market context, Schloss Bangalore Ltd's short-term performance has outpaced the Sensex, which recorded a return of +0.46% over the past week and +1.05% over the past month. This indicates that the stock is gaining traction relative to the overall market. However, the lack of positive or negative dashboard data limits the understanding of external factors influencing its movement. Overall, the combination of strong short-term performance, a trend reversal, and favorable comparisons to the benchmark supports the stock's rising price.
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