Why is Shree Ram Prote. falling/rising?
As of 09-Jul, Shree Ram Proteins Ltd's stock price is at 0.56, down 3.45%, with a year-to-date decline of 58.82% and a three-year drop of 94.81%. The stock is significantly underperforming compared to the broader market, which has seen gains, indicating a lack of investor confidence.
As of 09-Jul, Shree Ram Proteins Ltd is experiencing a decline in its stock price, currently at 0.56, which reflects a decrease of 0.02 or 3.45%. The stock has underperformed its sector by 1.42% today. Over the past week, the stock has decreased by 5.08%, and it has shown a significant decline of 58.82% year-to-date. Additionally, the stock's performance over the last three years has been particularly poor, with a drop of 94.81%, indicating ongoing challenges. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the Sensex has shown a slight increase of 0.09% over the past week, contrasting sharply with Shree Ram Proteins' decline. While the benchmark has gained 1.49% over the past month and 7.75% year-to-date, Shree Ram Proteins has faced substantial losses in the same periods, highlighting a significant underperformance compared to the overall market. This disparity suggests that the stock is struggling to attract investor confidence, further exacerbated by its liquidity being adequate for trading but not strong enough to support a recovery in price.
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