Why is Srivari Spices & falling/rising?
As of 16-Sep, Srivari Spices & Foods Ltd is facing a decline in stock price, currently at 148.35, down 3.01%, and has significantly underperformed its sector and the broader market. The stock has shown substantial losses year-to-date and over the past year, with a notable drop in investor participation.
As of 16-Sep, Srivari Spices & Foods Ltd is experiencing a decline in its stock price, currently at 148.35, which represents a decrease of 4.6 or 3.01%. The stock has underperformed its sector by 2.63% 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 93.33% against the 5-day average. The stock has also shown poor performance over various periods, with a year-to-date decline of 31.65% and a one-year decline of 42.79%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's performance over the past week and month has been notably worse than the benchmark Sensex, which has gained 1.49% in the last week and 2.47% in the last month, while Srivari Spices has lost 1.79% and 7.28%, respectively. This underperformance highlights the challenges the company is facing relative to the overall market, which has seen a positive return of 6.74% year-to-date, contrasting sharply with the significant losses experienced by Srivari Spices.
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