Why is Shri Niwas PP falling/rising?
As of 08-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has seen a price increase to Rs. 8.61, with a 59.15% return over the last 10 days and a 26.25% gain in the past week, significantly outperforming the Sensex. The stock is trading above all major moving averages and has reached new highs, indicating strong momentum and favorable investor sentiment.
As of 08-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup is experiencing a price increase, with its current price at Rs. 8.61, reflecting a rise of 0.41 or 5.0%. The stock has been on a positive trajectory, gaining for the last 10 days and achieving a remarkable 59.15% return during this period. Additionally, it has reached a new 52-week and all-time high today. The stock is also outperforming its sector by 4.68% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. 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 substantial return of 26.25%, significantly outpacing the Sensex, which only increased by 0.53% during the same period. Over the past month, the stock has risen by 64.94%, while the Sensex has gained just 1.16%. This stark contrast highlights the stock's strong performance relative to the benchmark, suggesting that investor sentiment towards Shri Niwas Leasing & Finance Ltd is particularly favorable at this time.
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