Why is Shanthala FMCG falling/rising?
As of 11-Sep, Shanthala FMCG Products Ltd's stock price is declining at 40.00, down 1.84%, and has underperformed its sector today. Despite a favorable year-to-date return of 11.89%, recent trends indicate decreasing investor interest and significant annual decline of 37.40%.
As of 11-Sep, Shanthala FMCG Products Ltd is experiencing a decline in its stock price, currently at 40.00, which reflects a decrease of 0.75 or 1.84%. The stock has underperformed its sector by 1.72% today, and the delivery volume has fallen by 16.67% compared to the 5-day average, indicating a decrease in investor participation. Although the stock is trading higher than its 20-day, 50-day, and 100-day moving averages, it is below the 5-day and 200-day moving averages. Over the past week, the stock has decreased by 2.20%, while it has shown a significant increase of 21.21% over the past month. However, it has a substantial decline of 37.40% over the past year, which may be weighing on investor sentiment.In the broader market context, the Sensex has increased by 1.10% over the past week and 1.71% over the past month, suggesting that the overall market is performing positively while Shanthala FMCG is not keeping pace. The stock's year-to-date return of 11.89% is still favorable compared to the Sensex's 5.75%, but the recent underperformance and declining investor interest could be contributing to the current price drop. The lack of available positive or negative dashboard data makes it difficult to assess specific factors influencing the stock's movement beyond the observed trends.
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