Why is Shubhlaxmi Jewel falling/rising?
As of 19-Sep, Shubhlaxmi Jewel Art Ltd is priced at 14.85, showing no change today but underperforming with a year-to-date decline of 57.45%. Despite outperforming its sector today, the stock's overall trend remains negative compared to the broader market, which has seen positive returns.
As of 19-Sep, Shubhlaxmi Jewel Art Ltd is currently priced at 14.85, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 1.38%. However, it has experienced a decline of 2.94% over the past week and a significant drop of 57.45% year-to-date. The stock is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 9.09% against the 5-day average. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, while Shubhlaxmi Jewel has outperformed its sector today, its short-term returns are still lagging behind the benchmark, as indicated by the Sensex's gain of 0.85% over the past week. The stock's year-to-date performance of -57.45% starkly contrasts with the Sensex's positive return of 7.11%, highlighting a significant underperformance relative to the broader market. This disparity suggests that while there may be some short-term positive momentum, the overall trend for Shubhlaxmi Jewel remains negative compared to market benchmarks.
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