Why is Shree Karni falling/rising?
As of 06-Oct, Shree Karni Fabcom Ltd's stock price is 611.05, down 3.77%. Despite a recent positive return over the past week and month, the stock has underperformed year-to-date and over the past year compared to the market, with a significant drop in delivery volume indicating reduced investor interest.
As of 06-Oct, Shree Karni Fabcom Ltd's stock price is currently at 611.05, reflecting a decline of 23.95 points or 3.77%. The stock has underperformed its sector by 2.97% today, and while it has shown a positive return of 2.87% over the past week and 19.23% over the past month, it has a year-to-date decline of 7.69% and a one-year decline of 18.53%. Additionally, the stock's delivery volume has decreased significantly, falling by 57.63% compared to the five-day average, indicating a drop in investor participation. 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 outpaced the Sensex, which has gained 1.80% over the past week and 1.36% over the past month. However, the stock's year-to-date and one-year performances are notably worse than the benchmark, which has increased by 6.06% and 0.25%, respectively. This contrast suggests that while the stock may have had some recent positive momentum, its overall performance remains weak compared to the broader market, contributing to the current decline in its price.
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