Why is Shri Niwas PP falling/rising?
As of 22-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup's stock price has risen to Rs. 13.91, marking a 4.98% increase and a 157.12% gain over the past month. The stock has outperformed the benchmark Sensex and is trading above key moving averages, indicating strong upward momentum.
As of 22-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a price increase, with its current price at Rs. 13.91, reflecting a rise of 0.66 or 4.98%. The stock has shown remarkable performance, gaining 157.12% over the past month and achieving a new 52-week and all-time high today. It has outperformed its sector by 4.56% and has been on a consecutive gain streak for the last 20 days. Additionally, the stock is trading above all key moving averages, indicating strong upward momentum. There is no information available regarding positive or negative factors that could influence the stock's movement.Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 0.46% over the past week and 1.05% over the past month, Shri Niwas PP's short-term performance is significantly stronger. The stock's impressive returns highlight its robust market position, especially given the broader market's relatively modest gains. This divergence suggests that investor interest in Shri Niwas PP is particularly strong, contributing to its rising price amidst a generally stable market environment.
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