Why is Shubhshree Bio. falling/rising?
As of 06-Oct, Shubhshree Biofuels Energy Ltd's stock price is 424.20, up 0.76%, with increased investor participation reflected in a 17.65% rise in delivery volume. Despite a recent short-term decline, the stock has shown strong year-to-date and one-year performance, significantly outperforming the benchmark.
As of 06-Oct, Shubhshree Biofuels Energy Ltd is experiencing a price increase, with its current price at 424.20, reflecting a change of 3.2 or 0.76% upward. The stock has shown a performance today that outperformed its sector by 1.52%. Additionally, the stock's delivery volume has risen by 17.65% against the 5-day average, indicating increased investor participation. While the stock is currently above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Year-to-date, the stock has gained 6.58%, and over the past year, it has significantly outperformed the benchmark with a return of 76.05% compared to the Sensex's 0.25%. There are no positive or negative factors explicitly mentioned that could further explain the recent movement.In the broader market context, the stock's short-term performance over the past week shows a decline of 4.82%, while the Sensex has increased by 1.80%. This indicates that despite the recent price rise, the stock has been underperforming the benchmark in the short term. However, the year-to-date and one-year returns suggest a strong overall performance relative to the market, which may contribute to investor confidence and the current upward price movement.
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