Why is Shelter Pharma falling/rising?
As of 16-Sep, Shelter Pharma Ltd's stock price is at 44.40, down 1.33% and has underperformed for four consecutive days, with a total decline of 3.48%. The stock has a year-to-date drop of 20.42% and has significantly lagged behind the broader market, which has seen positive returns.
As of 16-Sep, Shelter Pharma Ltd's stock price is currently at 44.40, reflecting a decrease of 0.6, or 1.33%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.48% during this period. Additionally, the stock's performance today has underperformed its sector by 1.61%. The stock's delivery volume has also decreased significantly, with a 28.57% drop compared to the 5-day average, indicating falling investor participation. In terms of returns, the stock has seen a year-to-date decline of 20.42%, while it has experienced a slight increase of 0.91% over the past month. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader market context shows that the Sensex has performed better than Shelter Pharma, with a 1.58% increase over the past week and a 5.43% rise year-to-date. This contrast highlights the stock's struggles in comparison to the broader market, as it has not only underperformed in the short term but also over the longer term, with a year-over-year return of -3.48% compared to the Sensex's slight decline of 0.73%. The stock's current price movement and overall performance suggest a challenging environment for Shelter Pharma amidst a generally more favorable market backdrop.
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