Why is SKP Securities falling/rising?
As of 14-Aug, SKP Securities Ltd is priced at 125.00 with no change, underperforming its sector by 0.4% today and experiencing an 86.41% drop in delivery volume. Despite a long-term increase of 209.79% over three years, recent performance shows a decline of 2.42% over the past month and a significant 41.30% year-to-date drop, indicating challenges in attracting investor interest.
As of 14-Aug, SKP Securities Ltd is currently priced at 125.00, showing no change (0.00%). The stock has underperformed its sector by 0.4% today, and its delivery volume has significantly decreased by 86.41% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has increased by 0.81%, but it has seen a decline of 2.42% over the past month and a substantial drop of 41.30% year-to-date. While the stock has performed well over the long term with a 209.79% increase over three years and a remarkable 567.56% increase over five years, the recent performance suggests a struggle in the short term, particularly in the context of the broader market.In the broader market context, the Sensex has experienced a slight decline of 0.03% over the past week, while SKP Securities has managed a modest gain. However, the stock's year-to-date performance is significantly worse than the Sensex, which has risen by 3.15%. This contrast highlights the challenges faced by SKP Securities in attracting investor interest despite its historical growth. The current liquidity status indicates that the stock is liquid enough for trading, but the declining delivery volume may reflect a lack of confidence among investors, contributing to the stock's recent struggles.
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