Why is Solarium Green falling/rising?
As of 19-Sep, Solarium Green Energy Ltd's stock price is Rs 348.70, down 2.54%, and has underperformed compared to its sector. The stock has shown negative trends over the past week and month, with significant declines in delivery volume and overall investor participation.
As of 19-Sep, Solarium Green Energy Ltd is experiencing a decline in its stock price, currently at Rs 348.70, which represents a decrease of Rs 9.1 or 2.54%. The stock has underperformed significantly today, with a performance that is 4.46% lower than its sector. It reached an intraday low of Rs 342, reflecting a drop of 4.42%. Additionally, the stock has shown a negative trend over the past week and month, with returns of -7.26% and -11.01%, respectively. The delivery volume has also decreased by 32.43% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the Sensex has shown a positive return of 0.88% over the past week and 1.20% over the past month, contrasting sharply with Solarium Green's negative performance. This suggests that while the overall market is experiencing gains, Solarium Green is lagging behind, which may contribute to investor concerns and the stock's declining price. The stock's moving averages indicate that it is performing better than its 200-day average but worse than its shorter-term averages, further highlighting its recent struggles in a generally positive market environment.
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