Why is Shri Niwas PP falling/rising?
As of 17-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has seen a price increase to Rs. 12.03, reflecting a 4.97% rise and a total return of 122.37% over 17 days. The stock has significantly outperformed the Sensex, gaining 26.77% in the past week and 91.26% in the past month, indicating strong investor sentiment.
As of 17-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a price increase, currently trading at Rs. 12.03, which reflects a rise of Rs. 0.57 or 4.97%. The stock has been on a remarkable upward trend, gaining for the last 17 consecutive days and achieving a total return of 122.37% during this period. It has also reached a new 52-week and all-time high today. Additionally, the stock has outperformed its sector by 5.03% and is trading above all key moving averages, indicating strong bullish momentum. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context shows that while the Sensex has increased by 1.56% over the past week, Shri Niwas has significantly outperformed this benchmark with a remarkable 26.77% gain in the same timeframe. Over the past month, the stock has surged by 91.26%, contrasting sharply with the Sensex's modest increase of 2.60%. This strong performance relative to the broader market suggests that investor sentiment towards Shri Niwas is particularly positive, contributing to its rising stock price.
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