Why is Shanthala FMCG falling/rising?
As of 03-Jul, Shanthala FMCG Products Ltd's stock price is declining at 28.50, down 1.55%, and has underperformed its sector. Despite a recent monthly gain, the stock has a significant year-to-date drop of 20.28%, indicating ongoing challenges.
As of 03-Jul, Shanthala FMCG Products Ltd is experiencing a decline in its stock price, currently at 28.50, which reflects a decrease of 0.45 or 1.55%. The stock has underperformed its sector by 4.32% today, and while it is trading higher than its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.55% compared to the 5-day average. Over the past week, the stock has decreased by 1.72%, and year-to-date, it has seen a substantial decline of 20.28%. Unfortunately, there is no available information regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the Sensex has shown a slight decline of 0.56% over the past week, which indicates that the market is experiencing some downward pressure. However, Shanthala FMCG's performance is notably worse than the benchmark, suggesting that specific issues within the company are contributing to its decline. Over the past month, the stock has increased by 4.78%, outperforming the Sensex's gain of 3.52%, but the significant year-to-date drop of 20.28% and the one-year decline of 59.02% highlight ongoing challenges for the company compared to the Sensex's positive return of 4.61% over the same period.
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