Why is Sunshine Capital falling/rising?
As of 17-Oct, Sunshine Capital Ltd's stock price is declining at 0.29, down 3.33%, with a total return of -17.14% over the last six days. It is underperforming significantly compared to the market, with an 80.67% year-to-date drop versus a 7.44% gain in the Sensex.
As of 17-Oct, Sunshine Capital Ltd is experiencing a decline in its stock price, currently at 0.29, reflecting a decrease of 0.01 or 3.33%. The stock has been underperforming significantly, with a consecutive fall over the last six days, resulting in a total return of -17.14% in that period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume dropping by 76.82% compared to the 5-day average, suggesting a lack of confidence among investors. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, Sunshine Capital's short-term performance is notably worse than the benchmark, as it has declined by 14.71% over the past week while the Sensex has increased by 1.76%. Year-to-date, the stock has plummeted by 80.67%, contrasting sharply with the Sensex's gain of 7.44%. This stark difference highlights the stock's significant underperformance relative to the market, further contributing to the negative sentiment surrounding Sunshine Capital.
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