Why is Shanti Guru Inds falling/rising?
As of 17-Oct, Shanti Guru Industries Ltd is priced at 8.39, down 4.98%, and has significantly underperformed its sector and the broader market. The stock is in a bearish trend, trading below all key moving averages, with a notable decline in investor participation and substantial losses over the past year.
As of 17-Oct, Shanti Guru Industries Ltd is currently priced at 8.39, reflecting a decline of 0.44 or 4.98%. The stock has underperformed its sector by 4.96% today, and it has shown erratic trading patterns, not trading on 2 out of the last 20 days. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume on 15 October falling by 42.31% compared to the 5-day average. The stock has also experienced substantial declines over various periods, including a year-to-date drop of 18.23% and a staggering 54.72% decline over the past year.In the broader market context, the Sensex has shown positive returns, with a 1-week increase of 1.76% and a 1-month increase of 1.52%, contrasting sharply with Shanti Guru Industries' 1-week and 1-month declines of 5.84% and 6.36%, respectively. This stark difference highlights the stock's underperformance relative to the benchmark. The overall market conditions appear favorable, yet Shanti Guru Industries continues to struggle, reflecting a lack of investor confidence and negative sentiment surrounding the stock. Unfortunately, there is no available information regarding positive or negative factors that could further explain the stock's recent movement.
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