Why is Shree Ram Prote. falling/rising?
As of 17-Sep, Shree Ram Proteins Ltd's stock price is at 0.77, showing a short-term increase but a significant long-term decline of 43.38% year-to-date and 91.26% over three years. Despite recent positive performance, the stock's volatility and long-term struggles raise concerns.
As of 17-Sep, Shree Ram Proteins Ltd's stock price is currently at 0.77, reflecting an increase of 0.03 or 4.05%. The stock has shown a positive performance today, outperforming its sector by 0.26%. Over the past week, it has experienced a notable return of 6.94%, and over the last month, it has surged by 37.50%. However, the stock has faced significant declines over longer periods, with a year-to-date drop of 43.38% and a staggering 91.26% decline over the past three years. The stock's trading has been erratic, with no trades on two days out of the last 20, but it remains liquid enough for trades of Rs 0.2 crore.In the broader market context, Shree Ram Proteins Ltd's recent short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.43% over the past week. This contrast highlights the stock's strong recovery in the short term despite its long-term struggles, where it has underperformed the Sensex by a considerable margin year-to-date and over three years. The stock's moving averages indicate a mixed trend, being higher than the 5-day, 20-day, and 50-day averages but lower than the 100-day and 200-day averages, suggesting potential volatility ahead. Overall, while the stock is currently rising, its long-term performance remains a concern.
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