Why is Shree Ram Prote. falling/rising?
As of 10-Sep, Shree Ram Proteins Ltd's stock price is 0.72, up 1.41% today, with a strong weekly return of 7.46% and a monthly increase of 22.03%. However, it has underperformed its sector today and shows a year-to-date decline of 47.06%, contrasting with the Sensex's gain of 5.62%.
As of 10-Sep, Shree Ram Proteins Ltd's stock price is currently at 0.72, reflecting an increase of 0.01 or 1.41%. The stock has shown a strong performance over the past week with a return of 7.46%, and a notable increase of 22.03% over the past month. However, it has underperformed its sector today by 2.42%. The stock has experienced erratic trading, not trading on 3 out of the last 20 days, which may contribute to its volatility. While the stock's moving averages are higher than the 5-day, 20-day, and 50-day averages, they remain lower than the 100-day and 200-day averages, indicating mixed momentum. 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 Ram Proteins Ltd's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.04% over the past week and 2.50% over the past month. However, the stock's year-to-date performance is concerning, showing a decline of 47.06%, while the Sensex has gained 5.62% during the same period. This stark contrast highlights the challenges faced by Shree Ram Proteins Ltd in the longer term, despite its recent short-term gains.
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