Why is Winsome Brew. falling/rising?
As of 16-Sep, Winsome Breweries Ltd's stock price is 29.38, reflecting a recent increase but a year-to-date decline of -32.86%. Despite outperforming the Sensex today, the stock's long-term performance remains weak, with a one-year return down by 47.22%.
As of 16-Sep, Winsome Breweries Ltd is experiencing a slight increase in its stock price, currently at 29.38, with a change of 0.15, representing a 0.51% rise. The stock has shown a positive trend recently, gaining for the last four consecutive days and achieving a total return of 4.41% during this period. However, despite this recent uptick, the stock's year-to-date performance remains significantly negative at -32.86%, and its one-year return is down by 47.22%. The stock's delivery volume has decreased by 6.72% compared to the five-day average, indicating a decline in investor participation, which could be a concern for future price movements. Additionally, while the stock is currently above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting mixed signals regarding its overall trend.In the broader market context, Winsome Breweries Ltd has outperformed the Sensex by 0.71% today, which reflects a stronger performance relative to the benchmark in the short term. Over the past week, the stock has increased by 4.33%, while the Sensex has risen by 1.58%, indicating that the stock is gaining traction compared to the overall market. However, the stock's year-to-date performance contrasts sharply with the Sensex's positive return of 5.43%, highlighting the challenges Winsome Breweries Ltd faces in recovering from its significant losses over the past year.
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