Why is Viceroy Hotels falling/rising?
As of 09-Oct, Viceroy Hotels Ltd is currently priced at Rs 126.00, reflecting a 3.32% increase and strong recent performance, outperforming its sector and the Sensex over the past week and month. However, year-to-date, it has underperformed the benchmark, indicating mixed long-term results.
As of 09-Oct, Viceroy Hotels Ltd is experiencing a price increase, currently at Rs 126.00, reflecting a rise of Rs 4.05 or 3.32%. The stock has shown strong performance today, outperforming its sector by 3.19% and has been on a consecutive gain streak for the last two days, accumulating a total return of 5% during this period. It opened with a significant gain of 3.98% and reached an intraday high of Rs 128. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 147.73% compared to the 5-day average, suggesting heightened interest in the stock.In the broader market context, Viceroy Hotels has outperformed the Sensex over the past week, with a return of 3.70% compared to the benchmark's 1.47%. Over the last month, the stock has also shown a stronger performance, gaining 6.06% against the Sensex's 1.32%. However, it is important to note that year-to-date, Viceroy Hotels has underperformed the benchmark, with a return of 2.86% compared to the Sensex's 5.16%. This mixed performance highlights that while the stock is currently rising, its longer-term performance relative to the benchmark has been less favorable.
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