Why is Shanthala FMCG falling/rising?
As of 23-Sep, Shanthala FMCG Products Ltd's stock price is declining at 36.05, down 7.68%, and has underperformed the Sensex significantly over various time frames. Despite a slight positive year-to-date return of 0.84%, it has dropped 36.19% over the past year compared to the Sensex's minor decline of 2.97%.
As of 23-Sep, Shanthala FMCG Products Ltd is experiencing a decline in its stock price, currently at 36.05, reflecting a decrease of 3.0 or 7.68%. The stock has underperformed its sector by 5.88% today. In terms of returns, over the past week, the stock has fallen by 14.37%, while the Sensex has only decreased by 0.28%. Over the past month, the stock's decline is 15.87%, contrasting with a modest gain of 1.20% in the benchmark index. Although the stock is trading higher than its 50-day and 100-day moving averages, it is below its 5-day, 20-day, and 200-day moving averages, indicating a bearish trend. There is no information available regarding positive or negative factors impacting the stock's recent movement.In the broader market context, the stock's short-term performance has significantly lagged behind the Sensex, which suggests that investor sentiment may be more favorable towards the broader market compared to Shanthala FMCG. While the year-to-date return for the stock is slightly positive at 0.84%, it pales in comparison to the Sensex's 6.45% gain. The stock's one-year performance shows a substantial decline of 36.19%, while the Sensex has only decreased by 2.97%, further highlighting the stock's underperformance relative to the market.
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