Why is Shubhlaxmi Jewel falling/rising?
As of 22-Sep, Shubhlaxmi Jewel Art Ltd's stock price is declining at 14.40, down 3.03%, and has significantly underperformed its sector and the broader market. The company faces persistent challenges, reflected in a year-to-date decline of 58.74% and a notable drop in investor participation.
As of 22-Sep, Shubhlaxmi Jewel Art Ltd is experiencing a decline in its stock price, currently at 14.40, reflecting a decrease of 0.45, or 3.03%. The stock has underperformed its sector by 2.63% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 9.09% compared to the 5-day average. The stock's performance over various periods shows significant underperformance, with a year-to-date decline of 58.74% and a 3-year decline of 68.11%, indicating persistent challenges for the company.In the broader market context, the Sensex has shown a positive return of 0.53% over the past week and a 1.34% increase over the past month, contrasting sharply with Shubhlaxmi Jewel's 5.88% decline over the same week and a minimal 0.35% drop over the month. This disparity highlights the stock's struggles relative to the overall market performance. The lack of positive factors in the dashboard further emphasizes the challenges faced by the company, contributing to the downward pressure on its stock price amidst a generally stable market environment.
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