Why is Shanti Spintex falling/rising?
As of 01-Sep, Shanti Spintex Ltd's stock price is Rs 70.00, down 3.45%, and has underperformed its sector and the Sensex, with a year-to-date return of 0.72%. The significant drop in delivery volume and mixed momentum indicators suggest declining investor interest and ongoing struggles relative to market trends.
As of 01-Sep, Shanti Spintex Ltd's stock price is currently at Rs 70.00, reflecting a decrease of Rs 2.5 or 3.45%. The stock has underperformed its sector by 4.49% today, reaching an intraday low of Rs 70. The stock's performance over the past week shows a decline of 5.28%, while its year-to-date return is slightly positive at 0.72%. Notably, the delivery volume has significantly decreased by 80.39% compared to the 5-day average, indicating falling investor participation. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages but is below its 5-day moving average, suggesting mixed momentum. There is no information available regarding positive or negative factors affecting the stock.Broader market context indicates that the Sensex has decreased by 1.56% over the past week, which is less than the decline experienced by Shanti Spintex. This suggests that the stock's recent performance is not solely a reflection of broader market trends, as it has underperformed relative to the benchmark. The year-over-year performance of Shanti Spintex shows a decline of 4.11%, while the Sensex has decreased by only 2.43%, further highlighting the stock's struggles in comparison to the market. Overall, the combination of declining investor participation and underperformance against both sector and benchmark indices contributes to the stock's current downward movement.
{{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
Most Read
