Why is Shree Ram Prote. falling/rising?
As of 18-Sep, Shree Ram Proteins Ltd's stock price is 0.78, up 1.3% today and 6.85% over the past week, but it has declined 42.65% year-to-date. Despite recent gains, its long-term performance lags behind the broader market, which has risen 7.52% year-to-date.
As of 18-Sep, Shree Ram Proteins Ltd is experiencing a price increase, with its current price at 0.78, reflecting a change of 0.01 or 1.3% upward. The stock has shown a notable performance over the past week, rising by 6.85%, although it has underperformed its sector by 2.57% today. The stock's trading has been erratic, as it did not trade on 2 out of the last 20 days. While the current price is higher than the 5-day, 20-day, and 50-day moving averages, it remains lower than the 100-day and 200-day moving averages. Year-to-date, the stock has declined by 42.65%, and over the past year, it has decreased by 29.09%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context indicates that the Sensex has increased by 1.67% over the past week, which is significantly lower than Shree Ram Proteins' 6.85% gain in the same period. However, the stock's year-to-date performance is considerably worse than the benchmark, which has risen by 7.52%. This suggests that while the stock is currently rising, it has struggled significantly over a longer timeframe compared to the broader market. The liquidity of the stock appears adequate for trading, based on its average traded value, which may contribute to its recent upward movement despite the overall negative trends observed in the longer-term performance.
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