Why is Shri Niwas PP falling/rising?
As of 09-Oct, Shri Niwas Leasing & Finance Ltd Partly Paidup's stock price has declined to 16.72, down 5.0%, and has underperformed significantly over the past week compared to the benchmark Sensex. Despite a strong monthly increase of 84.96%, recent declines indicate a shift in investor sentiment and short-term weakness.
As of 09-Oct, Shri Niwas Leasing & Finance Ltd Partly Paidup has experienced a decline in its stock price, currently at 16.72, reflecting a decrease of 0.88, or 5.0%. The stock has been underperforming, having lost 18.48% over the last four days, and it has underperformed its sector by 5.6% today. Although the stock has shown a significant increase of 84.96% over the past month, it has recently fallen below its moving averages for the 5-day period, indicating a short-term weakness. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past week has been notably poor, with a decline of 14.43%, while the benchmark Sensex has gained 1.47% during the same period. This stark contrast highlights the stock's struggle relative to the overall market. Despite the strong performance over the past month, the recent consecutive declines suggest a shift in investor sentiment, which may be contributing to the stock's current downward trajectory.
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