Why is Shanmuga Hos. falling/rising?

Jul 01 2025 11:05 PM IST
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As of 01-Jul, Shanmuga Hospital Ltd is priced at 44.50, down 0.76%. Despite recent declines, the stock has shown strong short-term performance, significantly outperforming the Sensex over the past week and month.
As of 01-Jul, Shanmuga Hospital Ltd is currently priced at 44.50, reflecting a decline of 0.34 or 0.76%. The stock has been underperforming its sector, with a performance today that is down by 0.81%. It has also experienced a consecutive fall over the last two days, resulting in a total decline of 1.11%. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. However, there has been a significant drop in investor participation, with delivery volume falling by 75.25% compared to the 5-day average, which may be contributing to the recent price decline. There is no information available regarding positive or negative factors that could further explain the stock's movement.

In the broader market context, Shanmuga Hospital Ltd has shown strong short-term returns, with a 14.10% increase over the past week, significantly outperforming the Sensex, which has only risen by 2.00% in the same period. Over the past month, the stock has also outperformed the benchmark, gaining 17.72% compared to the Sensex's 2.76%. This suggests that while the stock is currently experiencing a decline, it has had a strong performance relative to the market recently, indicating that the recent price drop may be more of a short-term fluctuation rather than a reflection of long-term weakness.
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