Why is Shri Niwas PP falling/rising?
As of 19-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup is trading at Rs. 13.25, marking a 4.99% increase and reaching a new all-time high. The stock has gained 144.92% in the last 19 days, significantly outperforming the Sensex and indicating strong investor confidence.
As of 19-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a price increase, currently trading at Rs. 13.25, which reflects a rise of 0.63 or 4.99%. The stock has reached a new 52-week and all-time high today, and it has been on a remarkable upward trajectory, gaining 144.92% over the last 19 days. Additionally, the stock has outperformed its sector by 5.14% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. There is no information available regarding positive or negative factors that could influence the stock's movement.Broader Market Context: In the short term, the stock has shown a significant return of 26.79% over the past week, which stands in stark contrast to the Sensex's modest gain of only 0.88% during the same period. Over the last month, the stock has surged by 132.86%, while the Sensex has only increased by 1.20%. This substantial outperformance indicates strong investor interest and confidence in Shri Niwas Leasing & Finance Ltd, contributing to its rising stock price.
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