Why is Shri Niwas PP falling/rising?
As of 30-Jun, Shri Niwas Leasing & Finance Ltd Partly Paidup's stock price has declined to 4.46, down 4.9%, and has underperformed significantly with an 18.17% loss over the past week. The stock is trading below all key moving averages, indicating weak performance compared to the broader market, which has seen positive returns.
As of 30-Jun, Shri Niwas Leasing & Finance Ltd Partly Paidup is experiencing a decline in its stock price, currently at 4.46, which reflects a decrease of 0.23 or 4.9%. The stock has been underperforming significantly, having lost 18.17% over the past week and 5.91% over the past month. It has also been on a consecutive downward trend for the last four days. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance relative to its historical price trends. There is no information available regarding positive or negative factors that could have influenced this recent movement.Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 2.09% over the past week and 2.65% over the past month, highlighting that the stock's performance is lagging behind the broader market. The significant underperformance of Shri Niwas Leasing & Finance Ltd Partly Paidup, particularly in the context of the overall market gains, suggests that investor sentiment may be negative, contributing to the stock's decline.
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