Why is Sh. Dinesh Mills falling/rising?
As of 16-Sep, Shri Dinesh Mills Ltd's stock price is 288.00, having increased by 0.52% recently, but it has declined 27.82% year-to-date and 36.84% over the past year, indicating overall poor performance despite a slight recent uptick. The stock has also underperformed its sector and the broader market in the longer term.
As of 16-Sep, Shri Dinesh Mills Ltd's stock price is currently at 288.00, reflecting an increase of 1.5 (0.52%). The stock has been gaining for the last two days, with a total return of 1.35% during this period. However, it has underperformed its sector by 0.93%. In terms of longer-term performance, the stock has shown a decline of 27.82% year-to-date and a significant drop of 36.84% over the past year. Additionally, the stock's delivery volume has decreased by 3.82% compared to the five-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context shows that the stock's short-term return of 1.71% over the past week slightly outpaces the Sensex's return of 1.58%. However, over the past month, the stock has underperformed the benchmark, with a decline of 1.27% compared to the Sensex's gain of 2.21%. This suggests that while there may be some recent positive momentum, the overall trend for Shri Dinesh Mills Ltd remains concerning, particularly when viewed against the broader market performance over longer periods.
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