Why is Shri Niwas PP falling/rising?
As of 11-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup is currently priced at Rs. 9.96, reflecting a 4.95% increase and achieving an 84.1% return over the last 13 days. The stock has significantly outperformed the Sensex, with a 27.53% return in the past week and 81.75% in the past month, indicating strong investor sentiment.
As of 11-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup is experiencing a price increase, currently at Rs. 9.96, which reflects a rise of Rs. 0.47 or 4.95%. The stock has been on a positive trajectory, gaining for the last 13 days and achieving an impressive 84.1% return during this period. It has also reached a new 52-week and all-time high today. Furthermore, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past week shows a remarkable return of 27.53%, significantly outperforming the Sensex, which only increased by 1.03% during the same period. Over the past month, the stock has surged by 81.75%, again surpassing the Sensex's modest gain of 1.17%. This strong performance relative to the benchmark suggests that investor sentiment towards Shri Niwas Leasing & Finance Ltd is particularly bullish, contributing to its rising stock price.
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