Why is Shelter Pharma falling/rising?
As of 15-Sep, Shelter Pharma Ltd's stock price is at 45.00, down 0.44% and has declined 2.17% over the last three days. The stock has underperformed compared to the Sensex, with a year-to-date decline of 19.34%.
As of 15-Sep, Shelter Pharma Ltd's stock price is currently at 45.00, reflecting a decrease of 0.2, or 0.44%. The stock has been experiencing a downward trend, having fallen consecutively for the last three days with a total decline of 2.17% during this period. Over the past week, the stock has underperformed with a return of -2.81%, while it has shown a modest gain of 2.27% over the past month. Despite being higher than the 50-day and 100-day moving averages, the stock is lower than the 5-day, 20-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 33.33% against the 5-day average, indicating some interest despite the recent price drop. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader market context shows that Shelter Pharma's recent performance contrasts with the Sensex, which has gained 1.24% over the past week and 1.47% over the past month. Year-to-date, Shelter Pharma has significantly underperformed the benchmark, with a decline of 19.34% compared to the Sensex's increase of 4.67%. This disparity highlights the stock's struggles in a generally positive market environment, contributing to its recent price decline.
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