Why is Sri Chakra Cem. falling/rising?
As of 23-Sep, Sri Chakra Cement Ltd's stock price is at Rs 79.18, up 5.0% with a total return of 21.53% over the last four days. Despite a decline in investor participation, the stock has significantly outperformed the benchmark Sensex, which has only gained 5.07% year-to-date.
As of 23-Sep, Sri Chakra Cement Ltd's stock price is rising, currently at Rs 79.18, reflecting an increase of Rs 3.77 or 5.0%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 21.53% during this period. It opened with a gain of 5% today and reached an intraday high of Rs 79.18. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 43.86% compared to the five-day average. The stock's performance over the past week shows a significant return of 15.47%, while it has experienced a year-to-date return of an impressive 2299.39%. Unfortunately, the data regarding positive and negative factors is not available.Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.34% over the past week, Sri Chakra Cement Ltd has significantly outperformed the market. This stark contrast highlights the stock's strong performance relative to broader market trends, particularly given that the Sensex has only gained 5.07% year-to-date. The stock's ability to outperform the sector by 6% today further emphasizes its strength in the current market environment.
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