Why is Super Sales Ind. falling/rising?
As of 23-Sep, Super Sales India Ltd's stock price is at 809.00, having increased by 1.5% today, but it has underperformed in the short term and year-to-date, with significant declines in investor participation. The stock's recent positive movement does not change its overall trend of lagging behind the broader market.
As of 23-Sep, Super Sales India Ltd's stock price is currently at 809.00, reflecting an increase of 11.95 (1.5%). Despite this positive movement today, the stock opened with a loss of -4.01% and experienced significant volatility, reaching an intraday high of Rs 821.75 and a low of Rs 765.05. The stock has underperformed in the short term, with a 1-week return of -0.25% compared to the Sensex's -0.34%, and a 1-month return of -1.34% against the Sensex's +0.98%. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by -44.86% compared to the 5-day average, indicating reduced interest in the stock. The absence of specific positive or negative factors further complicates the understanding of its recent price movements.Broader Market Context: In the broader market, the Sensex has shown resilience with a year-to-date return of +5.07%, while Super Sales India Ltd has significantly lagged behind with a year-to-date decline of -41.80%. This stark contrast highlights the challenges faced by the company in attracting investor confidence, especially given its long-term performance where it has fallen -51.84% over the past year, compared to the Sensex's -3.33%. The stock's performance today, while slightly positive, does not offset the broader trend of underperformance relative to the market, suggesting that external market conditions may not be favoring the stock's recovery.
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