Why is Shanti Spintex falling/rising?
As of 23-Jun, Shanti Spintex Ltd is priced at 69.97, showing a slight decline but strong recent performance with returns of 6.82% over the past week. Despite underperforming its sector today and lagging behind the broader market year-to-date, increased investor participation indicates a generally positive trend.
As of 23-Jun, Shanti Spintex Ltd is currently priced at 69.97, reflecting a slight decline of 0.03, or 0.04%. Despite this minor decrease, the stock has shown strong performance over the past week and month, with returns of 6.82% and 20.58%, respectively. The stock is trading above its moving averages across various time frames, indicating a generally positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 194.12% compared to the 5-day average. However, the stock underperformed its sector by 0.57% today, and it has not traded on one day out of the last 20, which may contribute to its recent price movement. There is no information available regarding positive or negative factors that could further explain the stock's performance.In the broader market context, Shanti Spintex's short-term performance is notably stronger than the benchmark, with a 1-week return of 6.82% compared to the Sensex's 0.12%. However, the year-to-date return of 0.68% for Shanti Spintex is significantly lower than the Sensex's 4.81%, suggesting that while the stock has been performing well recently, it has lagged behind the broader market over a longer period. This discrepancy may influence investor sentiment and contribute to the stock's current price dynamics.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
