Why is Shri Niwas PP falling/rising?
As of 29-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has seen a price increase to Rs. 17.73, marking a 4.97% rise and a 172.77% return over the last 21 days. The stock is outperforming the Sensex, which has declined by 2.18%, indicating strong investor sentiment.
As of 29-Sep, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a price increase, with the current price at Rs. 17.73, reflecting a rise of 0.84 or 4.97%. The stock has been on a remarkable upward trend, gaining for the last 21 consecutive days and achieving a staggering 172.77% return over that period. Additionally, it has reached a new 52-week and all-time high today. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. There is no information available regarding any positive or negative factors that could influence the stock's recent movement.Broader market context shows that while the stock has significantly outperformed the benchmark Sensex, which has declined by 2.18% over the past week, the stock's return of 27.46% in the same timeframe highlights its strong performance relative to the broader market. Over the past month, the stock has surged by 172.77%, contrasting sharply with the Sensex's modest gain of 0.70%. This strong performance suggests that investor sentiment towards Shri Niwas is robust, especially in light of its recent gains compared to the overall market trends.
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