Why is Shanthala falling/rising?
As of 24-Jun, Shanthala FMCG Products Ltd's stock price is down to 30.05, reflecting a 3.84% decline and significant underperformance compared to its sector. The stock has decreased 15.94% year-to-date and 58.23% over the past year, indicating ongoing challenges despite a generally favorable market.
As of 24-Jun, Shanthala FMCG Products Ltd is experiencing a decline in its stock price, currently at 30.05, which reflects a decrease of 1.2 or 3.84%. The stock has underperformed its sector today by 4.32%, and its delivery volume has significantly dropped by 54.55% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 1.80%, while it has shown a modest increase of 7.90% over the past month. However, year-to-date, the stock is down 15.94%, and it has suffered a substantial decline of 58.23% over the past year, suggesting ongoing challenges for the company.In the broader market context, the Sensex has gained 0.77% over the past week and month, contrasting with Shanthala's negative performance. Year-to-date, the Sensex has increased by 5.92%, and over the past year, it has risen by 6.40%. This indicates that while the overall market is performing well, Shanthala is lagging significantly behind, which may be contributing to the downward pressure on its stock price. The lack of positive factors in the dashboard further emphasizes the challenges the company faces in regaining investor confidence amidst a generally favorable market environment.
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