Why is Victoria Mills falling/rising?
As of 15-Sep, Victoria Mills Ltd's stock price is 6,964.70, having increased by 0.94% today. Despite recent gains, the stock has underperformed year-to-date and over the past year compared to its sector and the broader market.
As of 15-Sep, Victoria Mills Ltd's stock price is currently at 6,964.70, reflecting an increase of 64.7 points or 0.94%. The stock opened with a gain of 4.35% today, reaching an intraday high of Rs 7200, although it also experienced a low of Rs 6751.1 during the day. Despite this upward movement, the stock has underperformed its sector by 1.21%. Over the past week, it has shown a return of +2.77%, and in the last month, it has increased by +16.08%. However, the year-to-date performance remains negative at -7.12%, and the one-year return is down by -21.92%. The stock is currently 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 22.14% against the 5-day average.In the broader market context, the Sensex has gained +1.24% over the past week and +1.47% over the last month, indicating that while Victoria Mills has outperformed the benchmark in the short term, its year-to-date performance lags behind the Sensex, which is up +4.67%. The construction and real estate sector, in which Victoria Mills operates, has also seen a gain of +2.21%, contributing to a favorable environment for the stock. However, the significant drop in the one-year return compared to the benchmark suggests that the stock has faced challenges over a longer period, despite its recent positive momentum.
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