Why is Suyog Gurbaxani falling/rising?
As of 23-Sep, Suyog Gurbaxani Funicular Ropeways Ltd's stock price is at 119.80, down 0.17%, with a year-to-date decline of 53.75%. The stock is underperforming compared to the broader market, which has seen a slight decline of 0.34% over the past week.
As of 23-Sep, Suyog Gurbaxani Funicular Ropeways Ltd is experiencing a decline in its stock price, currently at 119.80, which reflects a decrease of 0.2 or 0.17%. The stock has been losing value for the last two days, with a total drop of 5.63% during this period. Additionally, the stock's performance over the past week shows a significant decline of 8.58%, while it has fared better over the past month with a gain of 2.39%. However, year-to-date, the stock has plummeted by 53.75%. The delivery volume has also decreased significantly, falling by 47.37% compared to the 5-day average, indicating a drop in investor participation. There is no information available regarding positive or negative factors impacting the stock.Broader market context indicates that the Sensex has only declined by 0.34% over the past week, suggesting that Suyog Gurbaxani's performance is underperforming relative to the broader market. While the stock has shown some recovery over the past month, its year-to-date performance starkly contrasts with the Sensex's gain of 5.07%. This underperformance may be contributing to the stock's recent price decline, as investors may be reacting to the significant losses and reduced trading activity.
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