Why is Shanthala FMCG falling/rising?
As of 24-Sep, Shanthala FMCG Products Ltd's stock price is declining at 34.60, down 4.02%, and has underperformed its sector and the Sensex significantly. The stock shows a negative trend with a year-to-date return of -3.22% and a yearly decline of 40.34%, indicating negative investor sentiment.
As of 24-Sep, Shanthala FMCG Products Ltd is experiencing a decline in its stock price, currently at 34.60, which reflects a decrease of 1.45 or 4.02%. The stock has underperformed its sector by 4.71% today and has shown a significant negative trend over the past week, with a return of -16.93%. In terms of moving averages, the stock is higher than the 100-day moving average but lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with a delivery volume increase of 42.86% compared to the 5-day average. However, there are no available positive or negative factors that could further explain the recent price movement.Broader market context indicates that the stock's performance has been notably weaker than the benchmark, the Sensex, which has only declined by 1.08% over the past week. Year-to-date, Shanthala FMCG has a return of -3.22%, while the Sensex has gained 5.97%. Over the past year, the stock has fallen by 40.34%, contrasting sharply with the Sensex's decline of just 3.41%. This significant underperformance relative to the broader market suggests that investor sentiment towards Shanthala FMCG is currently negative, contributing to the stock's downward trajectory.
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