Why is Shri Niwas PP falling/rising?
As of 09-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has seen a price increase to Rs. 9.04, marking a 4.99% rise and a 67.1% return over the last 11 days. The stock has significantly outperformed the Sensex, indicating strong investor interest and confidence.
As of 09-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a price increase, currently standing at Rs. 9.04, which reflects a rise of Rs. 0.43 or 4.99%. The stock has been on a positive trajectory, gaining for the last 11 consecutive days and achieving a remarkable 67.1% return during this period. Additionally, it has reached a new 52-week and all-time high today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context shows that the stock has significantly outperformed the benchmark Sensex, which has only risen by 1.18% over the past week, compared to the stock's impressive 27.14% increase. Over the past month, the stock has also outperformed the Sensex, with a return of 73.18% against the benchmark's 1.56%. This substantial outperformance suggests strong investor interest and confidence in Shri Niwas Leasing & Finance Ltd, contributing to its rising stock price.
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