Why is Suyog Gurbaxani falling/rising?
As of 18-Sep, Suyog Gurbaxani Funicular Ropeways Ltd's stock price is Rs 124.00, up 3.77%. Despite a recent decline over the week, the stock has shown a recovery and increased investor interest, outperforming the benchmark over the long term.
As of 18-Sep, Suyog Gurbaxani Funicular Ropeways Ltd's stock price is currently at Rs 124.00, reflecting an increase of Rs 4.5 or 3.77%. Today's price summary indicates that the stock has outperformed its sector by 3.96% and has shown a trend reversal after two consecutive days of decline. Despite opening with a loss of 3.1%, the stock reached an intraday high of Rs 124.6, while the day's low was Rs 115.2. The stock's performance over the past week shows a decline of 4.62%, but it has gained 6.03% over the past month. Notably, there has been a significant increase in investor participation, with delivery volume rising by 124.14% compared to the 5-day average, suggesting a growing interest in the stock.In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week decline of 4.62% compared to the Sensex's gain of 1.80%. However, over a longer period, the stock has outperformed the benchmark with a 3-year return of 163.83% versus the Sensex's 41.08%. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value. While there are no specific positive or negative factors provided, the increased trading volume and the recent price recovery may indicate a potential shift in investor sentiment.
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