Why is Shri Ahimsa falling/rising?
As of 19-Sep, Shri Ahimsa Naturals Ltd is priced at Rs 240.00, down 0.81%, but has shown strong performance over the past week and month with returns of 2.78% and 15.25%, respectively. Despite a slight decline today and reduced investor participation, the stock has outperformed the Sensex over the last month, indicating resilience.
As of 19-Sep, Shri Ahimsa Naturals Ltd is currently priced at Rs 240.00, reflecting a decrease of Rs 1.95 or 0.81%. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 2.78% and 15.25%, respectively. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in the stock's price over a longer period. However, the stock has underperformed its sector by 0.48% today, and there has been a notable drop in investor participation, with delivery volume falling by 19.35% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.85% over the past week, Shri Ahimsa's performance has outpaced the index during the same period. However, the stock's performance over the last month is significantly stronger than that of the Sensex, which has only risen by 1.39%. This suggests that while the stock is currently experiencing a slight decline, its recent performance has been robust relative to the broader market, indicating potential resilience despite today's downturn.
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