Why is Shri Niwas PP falling/rising?
As of 23-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has seen a price increase to Rs. 14.60, up 4.96%, and has gained 169.87% over the past month, achieving new highs and outperforming its sector. The stock has consistently risen for 21 days and significantly outperformed the benchmark Sensex, which has declined slightly.
As of 23-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a price increase, with the current price at Rs. 14.60, reflecting a rise of 0.69 or 4.96%. The stock has shown remarkable performance, gaining 169.87% over the past month and achieving a new 52-week and all-time high today. It has outperformed its sector by 4.63% and has been on a consecutive gain streak for the last 21 days. Additionally, 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 influence the stock's recent movement.In the broader market context, the stock's performance over the past week has been significantly better than the benchmark Sensex, which has seen a slight decline of 0.34%. The impressive 27.40% gain in the stock over the past week contrasts sharply with the benchmark's performance, highlighting the stock's strength in a relatively weak market environment. While the Sensex has only increased by 0.98% over the past month, Shri Niwas PP's substantial rise underscores its robust appeal among investors.
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