Why is Subam Papers falling/rising?
As of 28-Aug, Subam Papers Ltd is priced at Rs 124.50, down 1.97% recently but has gained 2.47% over the past week and 59.49% over the month, despite a year-to-date decline of 12.63%. The stock has outperformed the benchmark Sensex in the short term, even as it has faced recent challenges.
As of 28-Aug, Subam Papers Ltd is currently priced at Rs 124.50, reflecting a decline of Rs 2.5 or 1.97%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 3.49% during this period. Despite this recent downturn, the stock has shown strong performance over the past week with a gain of 2.47% and an impressive 59.49% increase over the past month. However, it is important to note that the stock is down 12.63% year-to-date. The trading activity indicates a weighted average price closer to the day's low of Rs 123.25, with a significant increase in delivery volume, suggesting rising investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movements.In the broader market context, Subam Papers has underperformed its sector by 0.91% today, while the benchmark Sensex has experienced a decline of 2.34% over the past week. This indicates that, although the stock has faced its own challenges, it has managed to outperform the benchmark in the short term. The stock's performance over the last month stands in stark contrast to the Sensex, which has decreased by 1.00%, highlighting a period of relative strength for Subam Papers despite its recent price decline.
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