Why is Schloss Bangal. falling/rising?
As of 23-Sep, Schloss Bangalore Ltd's stock price is Rs 437.55, up 1.38%, and has outperformed its sector and the Sensex recently. Despite a decline in delivery volume, the stock shows strong performance above key moving averages, indicating a positive trend.
As of 23-Sep, Schloss Bangalore Ltd is experiencing a rise in its stock price, currently at Rs 437.55, reflecting an increase of Rs 5.95 or 1.38%. The stock has shown strong performance recently, outperforming its sector by 3.02% today and has gained 4.29% over the last two days. It reached an intraday high of Rs 445.2, which is a 3.15% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 5.64% against the 5-day average, which could suggest some caution among investors.In the broader market context, Schloss Bangalore Ltd has outperformed the Sensex over the past week, with a return of 5.82% compared to the benchmark's decline of 0.34%. Over the past month, the stock has also shown a positive return of 4.55%, while the Sensex has increased by only 0.98%. This indicates that Schloss Bangalore Ltd is gaining traction relative to the broader market, despite the recent drop in delivery volume. The overall liquidity remains adequate for trading, supporting the stock's upward movement amidst fluctuating investor interest.
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