Why is Shiva Global falling/rising?
As of 19-Nov, Shiva Global Agro Industries Ltd's stock price is declining at 39.61, down 2.03% and has fallen 13.42% over the last three days. The stock is underperforming compared to the Sensex, which has gained 0.85% in the same period.
As of 19-Nov, Shiva Global Agro Industries Ltd is experiencing a decline in its stock price, currently at 39.61, which reflects a decrease of 0.82 or 2.03%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total return of -13.42% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 4.32% compared to the 5-day average, suggesting a decline in investor participation. There are no positive or negative factors provided that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 0.85% over the past week, while Shiva Global has declined by 13.85% during the same period. This stark contrast highlights the stock's significant underperformance relative to the broader market. Over the past month, the stock has decreased by 10.59%, while the Sensex has gained 1.47%, further emphasizing the challenges faced by Shiva Global in attracting investor interest and maintaining its value in the current market environment.
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