Why is Sulabh Engineers falling/rising?
As of 16-Sep, Sulabh Engineers & Services Ltd is priced at 3.36, down 1.47%, and has underperformed its sector and the broader market significantly, with a year-to-date decline of 32.26%. Despite a rise in delivery volume, the stock is trading below all moving averages, indicating weak investor sentiment.
As of 16-Sep, Sulabh Engineers & Services Ltd is currently priced at 3.36, reflecting a decrease of 0.05, or 1.47%. The stock has underperformed its sector by 1.75% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has shown no change, while it has declined by 0.59% over the past month and a significant 32.26% year-to-date. Despite a notable increase in delivery volume by 68.55% against the 5-day average, there are no available positive or negative factors to provide further context on the stock's recent movement.Broader market context indicates that while the Sensex has increased by 1.58% over the past week and 2.21% over the past month, Sulabh Engineers has not kept pace, reflecting a stark contrast in performance. Year-to-date, the stock has plummeted by 32.26%, whereas the Sensex has gained 5.43%, highlighting a significant underperformance relative to the broader market. This divergence suggests that investor sentiment towards Sulabh Engineers is weak compared to the overall market trends.
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