Why is Simm. Marshall falling/rising?
As of 06-Aug, Simmonds Marshall Ltd's stock price is at 131.35, down 4.19% and underperforming against the Sensex. Despite recent declines, the stock has a strong 1-year return of 46.92%, indicating a contrast between its short-term struggles and long-term performance.
As of 06-Aug, Simmonds Marshall Ltd's stock price is currently at 131.35, reflecting a decline of 5.75 points or 4.19%. The stock has been underperforming, having fallen consecutively for the last two days with a total decrease of 6.35% during this period. Today's trading saw the stock touch an intraday low of Rs 131.3, and the weighted average price indicates that more volume was traded closer to this low price. Additionally, while the stock is trading higher than its 100-day and 200-day moving averages, it remains below its 5-day, 20-day, and 50-day moving averages. The stock has also seen a significant increase in delivery volume, rising by 202.18% against the 5-day average, suggesting a rise in investor participation. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, Simmonds Marshall's short-term performance has been notably poor compared to the benchmark Sensex, with a 1-week return of -5.84% against the Sensex's -1.15%. Over the past month, the stock has decreased by 9.73%, while the Sensex has only fallen by 3.46%. Year-to-date, Simmonds Marshall has underperformed significantly, showing a decline of 12.43% compared to the Sensex's gain of 3.08%. However, it is worth noting that over the longer term, the stock has performed well, with a 1-year return of 46.92% compared to the Sensex's 2.48%. This contrast highlights the stock's recent struggles despite its strong historical performance.
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