Why is Shubhshree Bio. falling/rising?
As of 17-Sep, Shubhshree Biofuels Energy Ltd is priced at 448.00 with no change, underperforming its sector by 0.26%. Despite a year-to-date return of 12.56% outperforming the Sensex, recent trends show a decline in investor participation and a 1.54% drop over the past month, indicating potential cooling momentum.
As of 17-Sep, Shubhshree Biofuels Energy Ltd is currently priced at 448.00, showing no change (0.00%). The stock has underperformed its sector by 0.26% today, despite trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 6.67%, but it has seen a decline of 1.54% over the past month. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 35.48% against the 5-day average, which may indicate reduced interest from investors. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.In the broader market context, Shubhshree Biofuels has outperformed the benchmark Sensex over the year-to-date period, with a return of 12.56% compared to the Sensex's 7.13%. However, the stock's performance over the past month has lagged behind the Sensex, which has gained 2.84%. This contrast suggests that while the stock has shown strong long-term performance, recent trends indicate a potential cooling off in momentum, particularly in light of the declining investor participation.
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