Why is Shankar Lal Ram. falling/rising?
As of 12-Aug, Shankar Lal Rampal Dye-Chem Ltd's stock price is 77.94, down 0.55%. Despite short-term positive indicators, the stock has significantly underperformed year-to-date and over the past year compared to the Sensex.
As of 12-Aug, Shankar Lal Rampal Dye-Chem Ltd's stock price is currently at 77.94, reflecting a decrease of 0.43, or 0.55%. The stock has underperformed in the short term, with a 1-week return of -2.94% compared to the Sensex's -0.59%. However, it has shown some positive movement today, outperforming its sector by 0.37%. The stock is trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 15.83% against the 5-day average, indicating a potential interest from investors. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past month shows a decline of 1.34%, while the Sensex has decreased by 2.75%, indicating that the stock has been relatively resilient compared to the benchmark. Year-to-date, the stock has significantly underperformed with a decline of 9.26%, while the Sensex has gained 2.68%. Over the longer term, the stock has faced substantial challenges, with a 1-year decline of 38.27% and a 3-year decline of 39.74%, contrasting sharply with the Sensex's modest gain of 0.74% and 34.93%, respectively. This broader context suggests that while there are some positive indicators in the short term, the stock is still facing significant headwinds in the longer term.
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