Why is Shanti Spintex falling/rising?
As of 23-Oct, Shanti Spintex Ltd is seeing a price increase to 67.00, up 1.01%, with a recent two-day gain of 9.57%. However, it has underperformed its sector today and shows a year-to-date decline of 3.60%, raising concerns about the sustainability of its short-term upward trend.
As of 23-Oct, Shanti Spintex Ltd is experiencing a price increase, with its current price at 67.00, reflecting a change of 0.67 or 1.01% upward. The stock has shown a strong performance recently, gaining 9.57% over the last two days and outperforming the benchmark Sensex over the past week with a return of 8.94% compared to the Sensex's 1.30%. However, it is important to note that the stock has underperformed its sector today by 0.26%. Additionally, while the stock is trading above its moving averages across various timeframes, there has been a decline in investor participation, with delivery volume dropping by 28.57% against the five-day average.In the broader market context, Shanti Spintex's year-to-date performance shows a decline of 3.60%, contrasting with the Sensex's gain of 8.21%, indicating that while the stock is currently rising, it has struggled over a longer period. Despite the recent gains, the stock's liquidity remains adequate for trading, as it is based on 2% of the five-day average traded value. Overall, while the stock is on an upward trend in the short term, the decrease in delivery volume and the underperformance against its sector today may raise concerns about its sustainability in the longer term.
{{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
