Why is Std. Capital Mkt falling/rising?
As of 06-Aug, Standard Capital Markets Ltd is currently priced at 0.69, reflecting a 2.99% increase and strong recent performance with a 15% gain over the past week. Despite a year-to-date decline, the stock has shown significant long-term growth and increased investor interest, contrasting with the broader market's downturn.
As of 06-Aug, Standard Capital Markets Ltd is experiencing a price increase, currently at 0.69, which reflects a change of 0.02 or 2.99% upward. The stock has shown strong performance recently, gaining 15% over the past week and outperforming its sector by 3.25%. Additionally, the stock has been on a consecutive gain streak for the last five days. Despite a year-to-date decline of 28.13% and a significant drop of 54.61% over the past year, the stock has demonstrated remarkable growth over the longer term, with a 730.32% increase over three years and a staggering 1711.02% over five years. The rising investor participation, indicated by a 551.18% increase in delivery volume compared to the five-day average, suggests heightened interest and confidence in the stock.In the broader market context, the stock's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 1.15% over the past week and 3.46% over the past month. This divergence indicates that while the overall market is facing challenges, Standard Capital Markets Ltd is managing to attract investor interest and deliver positive returns. The stock's liquidity is also favorable, being liquid enough for trades of Rs 0.01 crore, which supports its recent upward movement. Overall, the combination of strong short-term gains, increased trading activity, and a positive performance relative to the benchmark contributes to the stock's rising price.
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