Why is Shanmuga Hos. falling/rising?

Sep 02 2025 11:56 PM IST
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As of 02-Sep, Shanmuga Hospital Ltd's stock price is at Rs 49.00, up 8.89%, and has outperformed its sector and the Sensex in recent weeks. The stock shows strong trading momentum with increased investor participation, despite some erratic trading behavior.
As of 02-Sep, Shanmuga Hospital Ltd's stock price is rising, currently at Rs 49.00, reflecting an increase of Rs 4.0 or 8.89%. The stock has shown strong performance today, outperforming its sector by 8.82% and opening with a gain of 8%. It reached an intraday high of Rs 49, and has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 175.86% compared to the 5-day average. However, the stock did not trade on one day out of the last 20 days, indicating some erratic trading behavior. 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 outperformed the Sensex over the past week and month, with returns of +5.26% and +6.52%, respectively, while the Sensex has declined by -0.78% and -0.55% during the same periods. This indicates that the stock is gaining traction in a generally unfavorable market environment, suggesting strong investor confidence in the company relative to the benchmark.
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