Why is Shanti Guru Inds falling/rising?
As of 18-Sep, Shanti Guru Industries Ltd's stock price is declining at 8.51, down 5.02%, and underperforming its sector. Despite a recent increase in investor participation, the stock has significantly decreased year-to-date and over the past year, with no clear catalysts for its decline.
As of 18-Sep, Shanti Guru Industries Ltd is experiencing a decline in its stock price, currently at 8.51, which reflects a decrease of 0.45 or 5.02%. The stock has underperformed its sector by 4.26% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.85%, while it has shown a more significant decline of 17.06% year-to-date and 54.12% over the past year. However, there has been a notable increase in investor participation, with delivery volume rising by 127.27% against the 5-day average, indicating some interest despite the overall negative performance.In the broader market context, the Sensex has increased by 1.80% over the past week, contrasting with Shanti Guru Industries' decline, which highlights the stock's underperformance relative to the benchmark. While the stock has shown a positive return of 6.64% over the past month, its long-term performance remains concerning, with a 3-year return of 57.01% compared to the Sensex's 41.08%. The lack of available positive or negative factors further complicates the analysis of the stock's recent movement, as there are no specific catalysts identified that could explain the current price decline.
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