Why is Standard Battery falling/rising?
As of 09-Sep, Standard Batteries Ltd is experiencing a price increase to 62.90, with a 1.21% gain today and a total return of 4.16% over the last two days. Despite recent short-term outperformance against the Sensex, the stock has significantly declined year-to-date by 15.80%.
As of 09-Sep, Standard Batteries Ltd is experiencing a price increase, with its current price at 62.90, reflecting a change of 0.75, or 1.21% upward. The stock has outperformed its sector by 2.55% today and has shown a consecutive gain over the last two days, resulting in a total return of 4.16% during this period. In terms of performance over different time frames, the stock has increased by 3.45% over the past week and 8.24% over the past month, while it has faced significant declines year-to-date and over the past year. Notably, the stock's delivery volume has decreased by 48.37% compared to the five-day average, indicating a drop in investor participation, which could impact future price movements. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent performance.In the broader market context, the stock's short-term performance has been favorable compared to the benchmark, with a 1-week return of 3.45% against the Sensex's 1.18% increase. This trend of outperformance continues in the 1-month comparison, where Standard Batteries Ltd achieved an 8.24% return versus the Sensex's 1.56%. However, despite these short-term gains, the stock has underperformed significantly on a year-to-date basis, with a decline of 15.80% compared to the Sensex's increase of 3.79%. This contrast highlights the stock's volatility and the challenges it faces in regaining investor confidence over the longer term.
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