Why is Shanmuga Hos. falling/rising?
As of 11-Jul, Shanmuga Hospital Ltd's stock price is at 47.50, having increased by 1.06% and showing strong momentum with a total return of 15.85% over the last three days. The stock has significantly outperformed the market and its sector, indicating positive investor sentiment.
As of 11-Jul, Shanmuga Hospital Ltd's stock price is currently at 47.50, reflecting an increase of 0.5, or 1.06%. The stock has been on an upward trend, gaining for the last three days with a total return of 15.85% during this period. Additionally, it has outperformed its sector by 2.06% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 420.83% against the 5-day average. Unfortunately, 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 has shown impressive short-term performance compared to the benchmark, with a 1-week return of +13.10% while the Sensex has declined by 1.12%. Over the past month, the stock has risen by 26.90%, contrasting with a near-flat performance of the Sensex at -0.02%. This indicates that the stock is not only gaining traction among investors but is also significantly outperforming the overall market, suggesting a strong investor sentiment towards Shanmuga Hospital Ltd in the current trading environment.
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