Why is Shilp Gravures falling/rising?
As of 16-Sep, Shilp Gravures Ltd is priced at 287.95, showing a slight increase and trading above all key moving averages, indicating a positive trend. Despite a significant drop in investor participation, the stock has gained 1.57% over the past week and 24.65% over the past month, although it has a year-to-date decline of 15.06% compared to the Sensex's gain of 5.43%.
As of 16-Sep, Shilp Gravures Ltd is currently priced at 287.95, reflecting a slight increase of 0.3 (0.1%). The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement. However, there has been a significant decline in investor participation, with delivery volume dropping by 87.73% compared to the 5-day average. Over the past week, the stock has gained 1.57%, and it has shown a remarkable increase of 24.65% over the past month, while it has performed exceptionally well over the past year with a 60.37% rise. Unfortunately, the positive and negative factors dashboard is not available, which limits the understanding of specific influences on the stock's recent performance.In the broader market context, Shilp Gravures' short-term return of 1.57% over the past week is slightly below the benchmark Sensex, which has increased by 1.58% during the same period. Despite this, the stock has outperformed the Sensex significantly over the past month and year, suggesting a strong relative performance in the longer term. The year-to-date performance shows a decline of 15.06%, contrasting with the Sensex's gain of 5.43%, indicating that while the stock has faced challenges in the current year, its recent upward movements may reflect a recovery trend compared to its historical performance.
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