Why is Subhash Silk falling/rising?
As of 13-Aug, Subhash Silk Mills Ltd's stock price is Rs 61.44, down 5.45%, with a significant drop in delivery volume by 90.93%. Despite a 149.76% increase over the past year, its year-to-date performance is down 15.94%, indicating challenges in trading and liquidity.
As of 13-Aug, Subhash Silk Mills Ltd's stock price is currently at Rs 61.44, reflecting a decrease of Rs 3.54 or 5.45%. Today's price summary indicates that the stock underperformed its sector by 5.79% and opened with a loss of 5.45%. The stock has not shown much movement today, trading flat at the opening price of Rs 61.44, and it reached an intraday low of the same price. Additionally, the stock's delivery volume has significantly decreased, falling by 90.93% against the 5-day average, indicating a decline in investor participation. The stock's performance over the past year shows a substantial increase of 149.76%, but it has declined by 15.94% year-to-date.In the broader market context, the Sensex has experienced a slight decline of 0.01% over the past week, while Subhash Silk Mills Ltd has shown a positive return of 2.33% over the past month, contrasting with the benchmark's negative return of 2.38%. However, the stock's year-to-date performance is notably worse than the Sensex, which has gained 3.07%. The stock's current trading situation, characterized by erratic trading patterns and lower liquidity, suggests that it is facing challenges that may be contributing to its recent price decline.
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