Why is Shoora Designs falling/rising?
As of 15-Oct, Shoora Designs Ltd's stock price is Rs 54.15, down 5.0%, and has underperformed its sector and the broader market significantly, with a year-to-date decline of 25.00%. The stock is on a downward trend, trading below its moving averages, and has shown poor performance over the past week and month.
As of 15-Oct, Shoora Designs Ltd is experiencing a decline in its stock price, currently at Rs 54.15, which represents a decrease of 2.85 or 5.0%. The stock has underperformed its sector by 5.33% today and has been on a downward trend, falling consecutively for the last two days with a total decline of 7.91% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -5.00% and -9.52%, respectively. It is also trading below its moving averages across various time frames, indicating a bearish trend. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.02% over the past week and 1.00% over the past month, Shoora Designs has significantly lagged behind, reflecting a broader market trend where the stock is not only underperforming its sector but also the overall market. Year-to-date, Shoora Designs has seen a decline of 25.00%, while the Sensex has increased by 5.72%, further highlighting the stock's struggles in the current market environment.
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