Why is Viviana Power falling/rising?
As of 13-Oct, Viviana Power Tech Ltd's stock price is 1,684.90, up 5.9% but down 2.61% over the past week. Despite strong long-term growth, recent declines in investor participation and short-term performance relative to the benchmark indicate a mixed outlook.
As of 13-Oct, Viviana Power Tech Ltd's stock price is currently at 1,684.90, reflecting an increase of 93.8 points or 5.9%. The stock has recently reached a new 52-week and all-time high of Rs.1860. Despite a slight decline of 2.61% over the past week, the stock has shown impressive growth over the past month, with a return of 26.35%. Additionally, the company has demonstrated strong long-term performance, with a remarkable 118.82% return over the past year and an astounding 1775.24% increase over the last three years. The company's solid fundamentals, including a low Debt to EBITDA ratio of 1.43 times and significant growth in net sales and operating profit, contribute positively to its recent price movement.Broader market context indicates that while Viviana Power's stock has outperformed the benchmark Sensex in the longer term, it has lagged in the short term, with a 2.61% decline compared to the Sensex's 0.60% increase over the past week. The stock's liquidity remains adequate, allowing for trades of Rs 0.07 crore, although there has been a decrease in investor participation, as evidenced by a 6.07% drop in delivery volume against the 5-day average. Overall, while the stock is experiencing a rise in price, the recent dip in investor engagement and short-term performance relative to the benchmark suggests a mixed outlook.
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