Why is Shree Rama News. falling/rising?
As of 12-Sep, Shree Rama Newsprint Ltd's stock price is at 31.00, reflecting a slight increase of 0.06%. While it has gained 2.99% over the last three days and shows strong year-to-date returns of 70.89%, its delivery volume has dropped significantly, indicating reduced investor participation.
As of 12-Sep, Shree Rama Newsprint Ltd is experiencing a slight increase in its stock price, currently at 31.00, with a change of 0.02, reflecting a 0.06% rise. The stock has shown a consecutive gain over the last three days, rising by 2.99% during this period. However, it is important to note that the stock's delivery volume has significantly decreased, falling by 52.29% compared to the 5-day average, indicating a decline in investor participation. Despite this, the stock has performed well year-to-date with a return of 70.89%, although it has seen a decline of 5.78% over the past month.In the broader market context, the stock's short-term performance over the past week has been underwhelming compared to the benchmark Sensex, which has increased by 1.48%, while Shree Rama Newsprint Ltd has only gained 0.55%. This suggests that while the stock is currently rising, it is lagging behind the overall market performance. The stock's long-term returns, however, have outperformed the Sensex significantly over the past three years and five years, indicating strong historical performance despite recent fluctuations.
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