Why is Suyog Gurbaxani falling/rising?
As of 08-Sep, Suyog Gurbaxani Funicular Ropeways Ltd's stock price is Rs. 108.00, down 1.86%, and has hit a 52-week low. The stock has declined 6.09% over the past two days and is underperforming the market significantly, with a year-to-date drop of 58.30%.
As of 08-Sep, Suyog Gurbaxani Funicular Ropeways Ltd is experiencing a decline in its stock price, currently at Rs. 108.00, which reflects a decrease of Rs. 2.05 or 1.86%. The stock has recently hit a new 52-week low of Rs. 107 and has been underperforming its sector by 1.88%. Over the past two days, the stock has consecutively fallen, resulting in a total decline of 6.09%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The delivery volume has significantly decreased by 82.14% compared to the 5-day average, suggesting a drop in investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, the stock's performance over the past week has remained flat at 0.00%, while the benchmark Sensex has gained 0.53%. Over the last month, Suyog Gurbaxani has seen a substantial decline of 13.25%, contrasting sharply with the Sensex's increase of 1.16%. Year-to-date, the stock has plummeted by 58.30%, while the Sensex has risen by 3.39%. This stark difference in performance highlights the stock's struggles relative to the broader market, further contributing to its downward price movement.
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