Why is Shree Ram Prote. falling/rising?
As of 11-Nov, Shree Ram Proteins Ltd's stock price is declining at 0.67, down 4.29%, and has underperformed significantly year-to-date with a 50.74% drop compared to the Sensex's 8.67% gain. The stock is trading below its moving averages, indicating a bearish trend and a challenging market environment.
As of 11-Nov, Shree Ram Proteins Ltd is experiencing a decline in its stock price, currently at 0.67, which reflects a decrease of 0.03 or 4.29%. The stock has underperformed in the short term, with a 1-week return of -2.90%, while the Sensex has increased by 0.38%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The stock has also shown significant underperformance year-to-date, with a decline of 50.74% compared to the Sensex's gain of 8.67%. 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 performance over the past week contrasts sharply with the benchmark index, as it has lost value while the Sensex has gained. This trend is consistent with the stock's longer-term performance, where it has significantly lagged behind the benchmark over the past year and three years. The liquidity of the stock appears adequate for trading, but the overall negative returns and the stock's position below its moving averages suggest a challenging environment for the company relative to the broader market.
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