Why is Simm. Marshall falling/rising?
As of 23-Sep, Simmonds Marshall Ltd's stock price is 139.95, up 2.79%. Despite recent short-term declines, the stock has shown strong long-term performance with a 10.11% return over the past year and significant outperformance over three and five years.
As of 23-Sep, Simmonds Marshall Ltd's stock price is currently at 139.95, reflecting an increase of 3.8, or 2.79%. The stock has outperformed its sector today by 2.87%, reaching an intraday high of Rs 141, which is a 3.56% increase. Despite a 1-week decline of 8.20% and a 1-month drop of 10.40%, the stock has shown a strong performance over the past year with a return of 10.11%. Additionally, the stock is currently trading above its 100-day and 200-day moving averages, although it is below its 5-day, 20-day, and 50-day moving averages. Rising investor participation is evident, with a delivery volume increase of 1.92% compared to the 5-day average, indicating growing interest in the stock.Broader market context shows that while Simmonds Marshall has struggled in the short term, the benchmark Sensex has only declined by 0.34% over the past week. This suggests that the stock's recent performance is not entirely reflective of broader market trends, as it has underperformed the benchmark in the short term but has outperformed it over the longer term, particularly over the last three and five years with returns of 123.21% and 237.23%, respectively. The liquidity of the stock is also favorable, allowing for trades of Rs 0.01 crore, which supports its recent price movement.
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