Why is Shree Ram Prote. falling/rising?
As of 08-Oct, Shree Ram Proteins Ltd's stock price is 0.70, down 2.78%, with a year-to-date decline of 48.53% and a 90.81% drop over three years. The stock has underperformed the market significantly, despite some recent positive movement, indicating ongoing challenges.
As of 08-Oct, Shree Ram Proteins Ltd is experiencing a decline in its stock price, currently at 0.70, which represents a decrease of 0.02 or 2.78%. The stock has underperformed its sector by 6.3% today. In terms of returns, the stock has shown a significant decline over various periods, with a year-to-date drop of 48.53% and a staggering 90.81% decrease over the last three years. While the stock is trading higher than its 20-day, 50-day, and 100-day moving averages, it remains lower than its 5-day and 200-day moving averages. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's performance over the past week has been notably poor, with a return of -10.26%, contrasting sharply with the Sensex, which has gained 0.84% during the same period. This underperformance highlights the stock's struggles relative to the overall market. Additionally, while the stock has shown some positive movement over the past month with a return of 4.48%, it still lags significantly behind the Sensex's 1.10% increase. Overall, the combination of poor short-term performance and significant long-term declines suggests that Shree Ram Proteins Ltd is facing considerable challenges in the current market environment.
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