Why is Shristi Infra falling/rising?
As of 27-Oct, Shristi Infrastructure Development Corporation Ltd's stock price is at 32.80, having increased by 2.44% recently, but it has declined 24.35% year-to-date and 35.75% over the past year. The stock's delivery volume has dropped significantly, indicating reduced investor participation, and it has underperformed compared to the Sensex over multiple time frames.
As of 27-Oct, Shristi Infrastructure Development Corporation Ltd's stock price is currently at 32.80, reflecting an increase of 0.78 or 2.44%. The stock has been gaining for the last two days, with a notable rise of 7.54% during this period. However, despite this recent uptick, the stock has underperformed in the longer term, showing a decline of 24.35% year-to-date and 35.75% over the past year. Additionally, the stock's delivery volume has significantly decreased, falling by 75.39% against the 5-day average, indicating a drop in investor participation. There are no specific positive or negative factors available to further clarify the stock's recent movement.In the broader market context, Shristi Infrastructure's short-term performance has been mixed when compared to the benchmark, as it has underperformed the Sensex by 0.61% over the past week, while the benchmark has gained 0.49%. Over the past month, the stock has declined by 2.38%, contrasting sharply with the Sensex's increase of 5.41%. This trend highlights the challenges the company faces in attracting investor interest, especially given its significant underperformance relative to the broader market over various time frames.
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