Why is Shyamkamal Inv falling/rising?
As of 24-Oct, Shyamkamal Investments Ltd's stock price is declining at 10.85, down 7.5%, and underperforming its sector. The stock has consistently decreased over the past week and month, with reduced investor participation and trading below key moving averages.
As of 24-Oct, Shyamkamal Investments Ltd is experiencing a decline in its stock price, currently at 10.85, which reflects a decrease of 0.88 or 7.5%. The stock has underperformed its sector by 7.22% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 18.58% compared to the 5-day average. The stock's performance over the past week shows a significant decline of 12.85%, and over the past month, it has decreased by 10.77%, indicating a consistent downward trend.In the broader market context, the Sensex has shown a slight increase of 0.31% over the past week and a gain of 3.05% over the past month, contrasting sharply with Shyamkamal's negative performance. Year-to-date, while the stock has only decreased by 3.12%, the benchmark has risen by 7.77%, highlighting a significant underperformance. The lack of positive factors in the dashboard further emphasizes the challenges the stock is facing, contributing to its current decline amidst a generally stable market environment.
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