Why is Shubhshree Bio. falling/rising?
As of 03-Jul, Shubhshree Biofuels Energy Ltd's stock price is declining at 364.50, down 1.8%, with significant drops in delivery volume and underperformance compared to its sector. The stock has seen a year-to-date decline of 8.42%, contrasting with the Sensex's gain of 7.45%, indicating challenges in attracting investor interest.
As of 03-Jul, Shubhshree Biofuels Energy Ltd is experiencing a decline in its stock price, currently at 364.50, which reflects a decrease of 6.7 or 1.8%. The stock has underperformed its sector by 2.3% today, and its delivery volume has significantly dropped by 37.5% compared to the 5-day average, indicating falling investor participation. In terms of performance over the past week, the stock has decreased by 4.83%, while its one-month return shows a slight decline of 1.49%. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, suggesting mixed momentum. There is no available information on positive or negative factors that could further explain the stock's recent movement.Broader market context indicates that while Shubhshree Biofuels has faced a decline, the benchmark Sensex has shown a modest increase of 3.52% over the past month. The stock's year-to-date performance is notably poor, with a decline of 8.42%, contrasting sharply with the Sensex's gain of 7.45% during the same period. This underperformance relative to the benchmark highlights the challenges faced by Shubhshree Biofuels in attracting investor interest and maintaining stock value amidst a generally positive market environment.
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