Why is Srivari Spices & falling/rising?
As of 12-Sep, Srivari Spices & Foods Ltd's stock price is declining at 150.00, down 1.83%, and underperforming its sector. The stock has dropped 30.89% year-to-date, contrasting with the broader market's positive performance.
As of 12-Sep, Srivari Spices & Foods Ltd is experiencing a decline in its stock price, currently at 150.00, reflecting a decrease of 2.8, or 1.83%. The stock has underperformed its sector by 0.94% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 55.13% compared to the 5-day average. Over the past week, the stock has decreased by 6.54%, and it has seen a substantial decline of 30.89% year-to-date, indicating a challenging performance relative to the market.In the broader market context, the Sensex has shown a positive return of 1.51% over the past week and a 6.21% increase year-to-date, contrasting sharply with Srivari Spices' negative performance. This divergence suggests that while the overall market is experiencing growth, Srivari Spices is struggling significantly. The lack of available positive factors further emphasizes the challenges the company faces in attracting investor interest amidst a generally favorable market environment.
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