Why is Suyog Gurbaxani falling/rising?
As of 17-Sep, Suyog Gurbaxani Funicular Ropeways Ltd's stock price has declined to Rs 119.50, down 8.81%, with significant volatility and a total loss of 12.13% over the last two days. The stock has underperformed its sector and the broader market, reflecting reduced investor confidence and a challenging environment.
As of 17-Sep, Suyog Gurbaxani Funicular Ropeways Ltd is experiencing a decline in its stock price, currently at Rs 119.50, which reflects a decrease of Rs 11.55 or 8.81%. The stock has underperformed its sector by 9.18% today and has been on a downward trend for the last two days, accumulating a total loss of 12.13%. Additionally, the stock has touched an intraday low of Rs 118.1, indicating significant volatility with an intraday fluctuation of 5.93%. The stock's performance over the past week shows a decline of 5.46%, while year-to-date returns are down by 53.86%, contrasting with a slight gain of 2.18% over the past month.In the broader market context, the Sensex has shown a positive return of 1.56% over the past week, highlighting a stark contrast to Suyog Gurbaxani's performance. While the stock has outperformed the benchmark over a three-year period with a return of 154.26%, its recent performance indicates a significant divergence, particularly in the short term. The falling investor participation, with a delivery volume drop of 91.6% against the five-day average, suggests a lack of confidence among investors, further contributing to the stock's decline. Overall, the combination of high volatility, underperformance relative to the sector, and reduced trading activity indicates a challenging environment for Suyog Gurbaxani Funicular Ropeways Ltd.
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