Why is SML ISUZU falling/rising?
As of 15-Jul, SML ISUZU Ltd's stock price is Rs 3,189.90, down 0.63% after reaching a 52-week high of Rs 3,310. Despite today's decline, the stock has shown strong long-term growth, with a 126.78% year-to-date increase, outperforming the broader market.
As of 15-Jul, SML ISUZU Ltd's stock price is currently at Rs 3,189.90, reflecting a decrease of Rs 20.1 or 0.63%. The stock reached a new 52-week and all-time high of Rs 3,310 earlier in the day, indicating strong performance with an intraday high increase of 3.12%. However, it also experienced a low of Rs 3,130, showing volatility within the trading session. Despite this decline, the stock has shown impressive returns over various periods, including a 64.84% increase over the past month and a remarkable 126.78% year-to-date. The company's operating profit has grown significantly, and it has consistently outperformed the BSE500 index over the last three years, contributing to its strong long-term growth outlook.In the broader market context, while SML ISUZU's stock has experienced a decline today, it has outperformed the Sensex, which fell by 1.36% over the past week. The stock's recent performance has been strong, with a substantial increase of 11.94% in the last week alone, contrasting with the benchmark's negative return. However, there has been a noted decrease in investor participation, with delivery volume dropping by 18.3% against the five-day average, which may be contributing to the current price decline despite the overall positive long-term growth indicators.
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