Why is Shri Ahimsa falling/rising?
As of 24-Oct, Shri Ahimsa Naturals Ltd is currently priced at Rs 239.70, up 1.5%, and has outperformed its sector today. While it has shown strong short-term performance, it has underperformed compared to the Sensex over the past month.
As of 24-Oct, Shri Ahimsa Naturals Ltd is experiencing a price increase, with its current price at Rs 239.70, reflecting a rise of Rs 3.55 or 1.5%. The stock has shown a strong performance today, outperforming its sector by 1.6% and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock is close to its 52-week high, being just 3.02% away from Rs 246.95. The recent increase in investor participation is notable, with a delivery volume of 92.4k on 23 October, which is up by 305.26% 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.In the broader market context, the stock has outperformed the benchmark Sensex over the past week, with a return of +5.73% compared to the Sensex's +0.33%. However, over the past month, the stock has underperformed, showing a decline of -1.42% while the Sensex has increased by +2.95%. This indicates that while the stock is currently on an upward trajectory, its longer-term performance relative to the benchmark has been less favorable.
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