Why is Shanti Guru Inds falling/rising?
As of 19-Sep, Shanti Guru Industries Ltd is currently priced at 9.00, reflecting a 5.76% increase and outperforming its sector today. Despite recent gains, the stock has a year-to-date decline of 12.28% and a significant 50% drop over the past year.
As of 19-Sep, Shanti Guru Industries Ltd is experiencing a price increase, currently at 9.00, reflecting a rise of 0.49 or 5.76%. The stock has shown a performance today that outperformed its sector by 6.22%. Additionally, the stock's delivery volume has risen by 12.9% against the 5-day average, indicating increased investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has gained 18.42%, contrasting with a year-to-date decline of 12.28% and a significant 50% drop over the past year.In the broader market context, the Sensex has increased by 0.88% over the past week and 1.20% over the past month, suggesting a relatively stable market environment. However, Shanti Guru Industries Ltd's performance over the same period has been stronger, particularly in the last month. The stock's year-to-date performance is notably worse than the benchmark, which has gained 5.74% during the same timeframe. Despite the recent positive movement, the stock's long-term performance remains concerning, with a 50% decline over the past year compared to a slight decrease in the Sensex.
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