Why is SSPN FINANCE falling/rising?
As of 05-Jun, SSPN Finance Ltd's stock price is Rs. 7.22, with no change and significant underperformance, including a 16.82% year-to-date decline and a new 52-week low. The stock's erratic trading and negative returns over multiple periods indicate weak investor sentiment.
As of 05-Jun, SSPN Finance Ltd's stock price is currently at Rs. 7.22, showing no change (0.00%). The stock has recently hit a new 52-week low and has underperformed its sector by 5.27%. Over the past week, the stock has declined by 5.00%, and it has experienced a significant drop of 16.82% year-to-date. Additionally, the stock has not traded on 4 out of the last 20 days, indicating erratic trading behavior. While the stock's delivery volume has increased by 25% compared to the 5-day average, the overall performance remains weak, as reflected in its negative returns over various periods, including a staggering 84.36% decline over the last five years. There is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, the Sensex has shown a relatively stable performance, with a slight increase of 0.80% over the past month and a year-to-date gain of 4.23%. In contrast, SSPN Finance Ltd's performance has been significantly worse, with a 9.75% decline over the past month and a 16.82% drop year-to-date. This stark contrast highlights the stock's underperformance compared to the benchmark, suggesting that investor sentiment towards SSPN Finance is negative, further contributing to its declining stock price.
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