Why is Shanthala FMCG falling/rising?
As of 15-Sep, Shanthala FMCG Products Ltd is priced at 42.10, showing a recent upward trend with a 3.06% increase over the past week and a 20.29% rise over the past month, outperforming the Sensex. The stock is trading above all major moving averages, indicating strong momentum, despite a year-over-year decline of 30.07%.
As of 15-Sep, Shanthala FMCG Products Ltd is currently priced at 42.10, with no change in price (0.00%). The stock has shown a positive performance recently, with a 3.06% increase over the past week and a significant 20.29% rise over the past month. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. There has also been a notable increase in investor participation, with delivery volume rising by 354.55% against the 5-day average. However, there is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, Shanthala FMCG's recent performance has outpaced the benchmark Sensex, which has only increased by 1.20% over the past week and 1.78% over the past month. This suggests that the stock is gaining traction relative to the market, particularly in the short term, as evidenced by its year-to-date return of 17.76% compared to the Sensex's 6.02%. Despite a decline of 30.07% over the past year, the current upward momentum indicates a potential recovery phase for the stock, supported by increased trading activity and positive short-term returns.
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