Why is Shri Niwas PP falling/rising?
As of 08-Jul, Shri Niwas Leasing & Finance Ltd Partly Paidup's stock price is Rs. 3.29, down 4.91%, and has lost 39.63% in the last 10 days, hitting a new low. Its performance is significantly worse than the Sensex, indicating weak investor sentiment.
As of 08-Jul, Shri Niwas Leasing & Finance Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs. 3.29, which reflects a decrease of Rs. 0.17 or 4.91%. The stock has been underperforming significantly, having lost 39.63% over the last 10 days, and it has hit a new 52-week and all-time low today. Additionally, it is trading below its moving averages across various time frames, indicating a bearish trend. 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 has been notably poor compared to the benchmark Sensex, which has shown a slight increase of 0.02% over the past week. Over the last month, Shri Niwas PP has declined by 40.83%, while the Sensex has gained 1.85%, highlighting a stark contrast in performance. This underperformance against the benchmark suggests that investor sentiment towards Shri Niwas PP is weak, contributing to its ongoing price decline.
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