Why is Spice IslandsInd falling/rising?
As of 22-Sep, Spice Islands Industries Ltd is currently priced at 77.00, reflecting a recent upward trend after two days of decline and outperforming its sector today. Despite a short-term dip over the past week, the stock has shown significant long-term growth, with an 83.64% increase year-to-date and a remarkable 863.70% rise over the past three years.
As of 22-Sep, Spice Islands Industries Ltd is experiencing a price increase, currently at 77.00, reflecting a change of 0.57 or 0.75% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Additionally, it has outperformed its sector by 1.46% today. The stock's performance over the past month shows a gain of 3.48%, while year-to-date, it has surged by 83.64%. The delivery volume has also increased significantly, rising by 56.68% against the five-day average, indicating rising investor participation. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance over the past week has been negative, with a decline of 3.27%, while the benchmark Sensex has increased by 0.46%. Despite this short-term dip, the stock's longer-term performance remains strong, with a remarkable increase of 863.70% over the past three years compared to the Sensex's 38.97% rise in the same period. This contrast highlights the stock's resilience and potential for growth, even amidst recent fluctuations.
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