Why is Shanmuga Hos. falling/rising?

Jun 27 2025 11:03 PM IST
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As of 27-Jun, Shanmuga Hospital Ltd's stock price is rising to Rs 45.00, up 9.76%, with a 22.95% gain over the past week. This strong performance reflects robust investor confidence and significant outperformance compared to the broader market.
As of 27-Jun, Shanmuga Hospital Ltd's stock price is rising, currently at Rs 45.00, reflecting an increase of Rs 4.0 or 9.76%. The stock has shown strong performance recently, gaining 22.95% over the past week and outperforming its sector by 7.1% today. It opened with a gain of 2.44% and reached an intraday high of Rs 45. The stock has been on a consecutive gain streak for the last five days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 187.23% compared to the 5-day average. There is no information available regarding positive or negative factors that could influence the stock's movement.

In the broader market context, Shanmuga Hospital Ltd's recent performance significantly outpaces the benchmark, with a 1-week return of 22.95% compared to the Sensex's 2.00% increase. This strong outperformance indicates robust investor confidence in the stock relative to the overall market. The hospital and healthcare services sector has also experienced a gain of 2.67%, contributing to the positive sentiment surrounding Shanmuga Hospital Ltd. Overall, the stock's rising price can be attributed to its strong short-term performance and favorable market conditions.
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