Why is Shree Bhavya falling/rising?
As of 23-Sep, Shree Bhavya Fabrics Ltd's stock price is 27.50, up 1.89%, and has outperformed its sector today. Despite a year-to-date decline of 4.31%, the stock has shown strong long-term growth of 582.38% over five years.
As of 23-Sep, Shree Bhavya Fabrics Ltd's stock price is currently at 27.50, reflecting an increase of 0.51, or 1.89%. The stock has shown a performance today that outperformed its sector by 2.51%. It is trading higher than its 100-day and 200-day moving averages, although it is lower than its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 1.75% against the 5-day average. Over the past year, the stock has gained 14.58%, significantly outperforming the Sensex, which has declined by 3.33% during the same period.In the broader market context, the stock's short-term performance has been relatively stable, with a flat return of 0.00% over the past week, while the Sensex has decreased by 0.34%. Year-to-date, however, Shree Bhavya Fabrics Ltd has underperformed the benchmark with a decline of 4.31% compared to the Sensex's gain of 5.07%. Despite this, the stock has shown strong long-term growth, with a remarkable increase of 582.38% over the past five years, compared to the Sensex's 117.96% increase. The lack of specific positive or negative factors in the dashboard does not detract from the stock's recent upward movement, which appears to be driven by improved trading activity and investor interest.
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