Why is Shree Tirupati falling/rising?
As of 22-Sep, Shree Tirupati Balajee FIBC Ltd's stock price is 551.15, down 4.97%, with a significant year-to-date decline of 37.01%. Despite recent positive returns over the past week and month, the stock has underperformed compared to its sector and the broader market.
As of 22-Sep, Shree Tirupati Balajee FIBC Ltd's stock price is currently at 551.15, reflecting a decrease of 28.85 points or 4.97%. The stock has underperformed its sector by 4.27% today, and there has been a significant drop in investor participation, with delivery volume falling by 96.79% compared to the 5-day average. While the stock has shown positive returns over the past week and month, with increases of 6.67% and 6.01% respectively, it has experienced a substantial year-to-date decline of 37.01%. The stock's moving averages indicate it is performing better than the shorter-term averages but is still below the 200-day moving average, suggesting a mixed technical outlook.In the broader market context, the Sensex has shown a modest gain of 0.53% over the past week and 1.34% over the past month, indicating that the overall market is relatively stable. However, Shree Tirupati's year-to-date performance is significantly worse than the benchmark, which has gained 6.59% during the same period. This disparity highlights the stock's struggles in comparison to the broader market trends, contributing to its recent price decline. The absence of any positive or negative dashboard data limits further insights into specific catalysts affecting the stock's movement.
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