Why is Shelter Pharma falling/rising?
As of 17-Sep, Shelter Pharma Ltd's stock price is at 44.20, down 0.45% and has declined 3.91% over the last five days, underperforming its sector and the benchmark. The stock shows a bearish trend with decreased investor participation and a significant drop in delivery volume.
As of 17-Sep, Shelter Pharma Ltd's stock price is currently at 44.20, reflecting a decrease of 0.2, or 0.45%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 3.91% over that period. Additionally, the stock's performance today has underperformed its sector by 0.49%. The stock's delivery volume has also seen a significant drop, falling by 54.55% compared to the five-day average, indicating a decrease in investor participation. Furthermore, while the stock is trading above the 100-day moving average, it is below the shorter-term moving averages, suggesting a bearish trend. There is no information available regarding positive or negative factors that could influence the stock's movement.Broader market context shows that Shelter Pharma's performance has lagged behind the benchmark, with a one-week return of -3.91% compared to the Sensex's gain of 1.56%. Over the year-to-date, the stock has declined by 20.77%, while the Sensex has increased by 5.83%. This stark contrast highlights the stock's struggles relative to the broader market, contributing to the negative sentiment surrounding it. Overall, the combination of declining investor interest, poor short-term performance, and underperformance against the benchmark indicates a challenging environment for Shelter Pharma Ltd.
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