Why is Sujala Trading & falling/rising?
As of 11-Nov, Sujala Trading & Holdings Ltd's stock price is Rs 69.12, down 4.99%, underperforming its sector and the benchmark in the short term, but showing strong long-term growth with a 3-year return of 337.47%. Despite the decline, there is increased investor interest indicated by a 46.76% rise in delivery volume.
As of 11-Nov, Sujala Trading & Holdings Ltd is experiencing a decline in its stock price, currently at Rs 69.12, which represents a decrease of Rs 3.63 or 4.99%. The stock has underperformed its sector by 3.96% today, touching an intraday low of Rs 69.12. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. The stock has shown a year-to-date decline of 13.61%, contrasting with a 64.57% increase over the past year. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 46.76% against the 5-day average, indicating some interest despite the price drop. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context indicates that the stock's short-term performance has been significantly weaker than the benchmark, with a 1-week return of -8.60% compared to the Sensex's gain of 0.49%. This underperformance in the short term highlights the challenges faced by Sujala Trading & Holdings Ltd relative to the broader market. However, over the longer term, the stock has shown impressive growth, with a 3-year return of 337.47% and a 5-year return of 764.00%, suggesting that while the current price movement is negative, the company has had a strong historical performance.
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