Why is Shubhshree Bio. falling/rising?
As of 10-Sep, Shubhshree Biofuels Energy Ltd's stock price is declining at 420.00, down 2.33%, and has underperformed its sector. Despite a year-to-date return of 5.53%, it lags slightly behind the Sensex, which has risen, contributing to the stock's current downturn.
As of 10-Sep, Shubhshree Biofuels Energy Ltd is experiencing a decline in its stock price, currently at 420.00, which reflects a decrease of 10.0 or 2.33%. The stock has underperformed its sector today by 3.29%. In terms of returns, over the past week, the stock has decreased by 2.89%, while it has remained flat over the past month with a 0.00% change. Despite being higher than the 100-day and 200-day moving averages, it is lower than the 5-day, 20-day, and 50-day moving averages. Notably, there has been a rise in investor participation, with a delivery volume increase of 61.29% compared to the 5-day average, indicating some interest despite the price drop. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 1.04% over the past week and by 2.50% over the past month. While Shubhshree Biofuels has shown a year-to-date return of 5.53%, it is slightly lagging behind the Sensex's 5.62% return for the same period. This underperformance in the short term, coupled with the overall market's positive movement, may contribute to the stock's current decline.
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