Why is Shri Niwas PP falling/rising?

Jul 02 2025 11:07 PM IST
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As of 02-Jul, Shri Niwas Leasing & Finance Ltd Partly Paidup's stock price has declined to Rs 4.03, down 4.95%, and has fallen 26.06% over the last six days. It is trading below all moving averages and is close to its 52-week low, indicating significant underperformance compared to the market and its sector.
As of 02-Jul, Shri Niwas Leasing & Finance Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs 4.03, which represents a decrease of Rs 0.21 or 4.95%. The stock has been underperforming significantly, having fallen consecutively for the last six days, resulting in a total drop of 26.06% during this period. Additionally, it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, being only 2.48% away from Rs 3.93. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the stock's performance over the past week shows a decline of 22.20%, while the benchmark Sensex has increased by 0.79%. This stark contrast indicates that the stock is not only underperforming against the market but also against its sector, with a performance lag of 3.72% today. Over the past month, the stock has decreased by 17.59%, while the Sensex has gained 2.50%. This ongoing trend of underperformance highlights the challenges faced by Shri Niwas Leasing & Finance Ltd in the current market environment.
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