Why is Winsome Brew. falling/rising?
As of 17-Sep, Winsome Breweries Ltd is priced at 29.40, having gained 4.48% over the past week, though it remains down 32.82% year-to-date. Despite recent positive movement, the stock is still below key moving averages and has underperformed compared to its sector today.
As of 17-Sep, Winsome Breweries Ltd is currently priced at 29.40, reflecting a slight increase of 0.02 or 0.07%. The stock has been on a positive trajectory, gaining 4.48% over the past week, although it has underperformed its sector by 0.72% today. The stock's performance is notable as it has been gaining for the last five days, with a delivery volume increase of 24.67% compared to the five-day average, indicating rising investor participation. However, despite these gains, the stock remains lower than the 50-day, 100-day, and 200-day moving averages, and it has experienced a significant decline of 32.82% year-to-date and 48.22% over the past year.In the broader market context, Winsome Breweries Ltd's short-term return of 4.48% over the past week significantly outpaces the Sensex, which has only increased by 1.56% in the same period. This suggests that while the stock is currently experiencing a positive movement, it is still recovering from a substantial decline compared to the benchmark's performance. The year-to-date and one-year returns indicate a challenging environment for the stock, contrasting sharply with its impressive long-term performance over three and five years, where it has outperformed the Sensex significantly.
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