Why is Shanti Guru Inds falling/rising?
As of 29-Sep, Shanti Guru Industries Ltd's stock price is at 8.36, down 5.0%, and has underperformed significantly, losing 9.43% in two days and 18.52% year-to-date, while trading below all key moving averages. Its performance is notably worse than the market, with a year-on-year decline of 62.00% compared to the Sensex's 6.08%.
As of 29-Sep, Shanti Guru Industries Ltd is experiencing a decline in its stock price, currently at 8.36, which reflects a decrease of 0.44 or 5.0%. The stock has been underperforming, having lost 9.43% over the last two days and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, investor participation has decreased significantly, with a delivery volume drop of 65.52% compared to the 5-day average. The stock's performance over the past week shows a decline of 7.11%, and it has fallen 18.52% year-to-date, indicating a troubling trend for investors.In the broader market context, the Sensex has only declined by 2.18% over the past week, suggesting that Shanti Guru Industries Ltd's performance is notably worse than the market average. While the stock has seen a positive return of 40.74% over the last three years, its year-on-year performance is concerning, with a drop of 62.00%, compared to the Sensex's decline of 6.08%. This stark contrast highlights the stock's struggles relative to the broader market, reinforcing the negative sentiment surrounding it.
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