Why is Shubhlaxmi Jewel falling/rising?
As of 24-Sep, Shubhlaxmi Jewel Art Ltd's stock price has risen to 15.80, up 4.98%, with increased investor participation and a short-term outperformance against the Sensex. However, it has significantly underperformed year-to-date and over the past year, with declines of 54.73% and 49.28%, respectively.
As of 24-Sep, Shubhlaxmi Jewel Art Ltd is experiencing a price increase, with its current price at 15.80, reflecting a rise of 0.75 or 4.98%. The stock has outperformed its sector today by 5.61%, and there has been a notable increase in investor participation, with a delivery volume of 6,000 shares on 23 September, which is up by 57.89% compared to the 5-day average. Additionally, the stock's performance over the past week shows a gain of 1.94%, while it has increased by 9.34% over the past month. However, it is important to note that the stock has significantly underperformed year-to-date and over the past year, with declines of 54.73% and 49.28%, respectively. 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 short-term performance is favorable when compared to the benchmark Sensex, which has declined by 1.08% over the past week. This contrast highlights the stock's relative strength in the short term, as it has managed to rise while the broader market has faced challenges. However, despite the recent uptick, the stock's long-term performance remains concerning, with significant declines over the past three and five years compared to the benchmark's gains during the same periods.
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