Why is Shree Karni falling/rising?
As of 08-Sep, Shree Karni Fabcom Ltd's stock is priced at 525.00, up 2.44%, but has seen a significant drop in investor participation. While it has outperformed the Sensex in the short term, its longer-term performance shows declines, indicating a negative overall trend.
As of 08-Sep, Shree Karni Fabcom Ltd's stock is currently priced at 525.00, reflecting an increase of 12.5, or 2.44%. The stock has outperformed its sector today by 3.24%, although it is trading higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. Notably, the stock has experienced a significant decline in investor participation, with delivery volume dropping by 91.8% against the 5-day average. Over the past week, the stock has gained 2.54%, contrasting with a decline of 1.39% over the past month and a year-to-date drop of 20.69%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Shree Karni Fabcom Ltd's short-term performance has been favorable compared to the benchmark Sensex, which has only increased by 0.60% over the past week. However, the stock's longer-term performance is concerning, as it has underperformed the Sensex over the past month and year, with declines of 1.39% and 37.05%, respectively. This indicates that while there may be some short-term positive momentum, the overall trend for the stock remains negative when viewed in a broader timeframe.
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