Why is Swastika Investm falling/rising?
As of 14-Nov, Swastika Investmart Ltd's stock price is Rs. 90.00, down 2.89% and at a 52-week low. The stock has declined 7.08% over the past four days, underperformed its sector, and has seen reduced investor interest, contrasting sharply with the Sensex's positive performance.
As of 14-Nov, Swastika Investmart Ltd's stock price is currently at Rs. 90.00, reflecting a decrease of Rs. 2.68 or 2.89%. The stock has recently hit a new 52-week low of Rs. 88 and has been on a downward trend, losing value for the past four consecutive days, resulting in a total decline of 7.08% during this period. Additionally, the stock has underperformed its sector by 3.65% today, and it is trading below all key moving averages, indicating a bearish sentiment. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by 29.74% compared to the five-day average, suggesting reduced interest in the stock.In the broader market context, Swastika Investmart Ltd's performance over the past week shows a decline of 5.22%, while the benchmark Sensex has gained 1.62%. Over the past month, the stock has decreased by 6.82%, contrasting with the Sensex's increase of 3.09%. Year-to-date, the stock has plummeted by 49.97%, while the Sensex has risen by 8.22%. This stark difference highlights the stock's significant underperformance relative to the broader market, contributing to the negative sentiment surrounding it.
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