Why is Shri Niwas PP falling/rising?
As of 24-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup is trading at Rs. 15.33, marking a 5.0% increase and reaching a new 52-week high. The stock has gained 170.85% over the past 21 days and significantly outperformed the Sensex, indicating strong investor sentiment.
As of 24-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a price increase, currently trading at Rs. 15.33, which reflects a rise of 0.73 or 5.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 5.09%. It has shown remarkable performance over the last 21 days, gaining 170.85% in returns. 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 impressive, with a return of +27.43%, while the benchmark Sensex has declined by 1.18%. Over the past month, the stock has surged by +183.36%, significantly outperforming the Sensex, which has only increased by 0.50%. This stark contrast highlights the stock's strong performance relative to the broader market, suggesting that investor sentiment towards Shri Niwas Leasing & Finance Ltd is particularly positive at this time.
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