Why is Swaraj Suiting falling/rising?
As of 22-Sep, Swaraj Suiting Ltd's stock price is at 170.00, down 2.16%, and has underperformed its sector and the broader market significantly, with a year-to-date decline of 24.14%. The stock is trading below all key moving averages and has seen a notable drop in investor participation.
As of 22-Sep, Swaraj Suiting Ltd is experiencing a decline in its stock price, currently at 170.00, which reflects a decrease of 3.75 or 2.16%. The stock has underperformed its sector today by 1.45%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.08% compared to the 5-day average. Over the past week, the stock has decreased by 5.50%, and year-to-date, it has declined by 24.14%. Unfortunately, there is no available data on positive or negative factors that could provide further insight into the stock's recent movement.In the broader market context, the Sensex has shown a positive return of 0.53% over the past week, contrasting with Swaraj Suiting's decline. While the benchmark has gained 1.34% over the past month, Swaraj Suiting has seen a more significant drop of 7.18%. This underperformance relative to the benchmark indicates that the stock is not only struggling in the short term but also lagging behind the overall market trends. The year-to-date performance further highlights this disparity, with Swaraj Suiting down 24.14% compared to the Sensex's gain of 6.59%.
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