Why is Beryl Drugs falling/rising?
As of 22-Sep, Beryl Drugs Ltd is currently priced at 22.98, reflecting a slight increase today but a significant year-to-date decline of 36.43%. Despite recent underperformance compared to the Sensex, the stock has shown strong long-term growth, outperforming the benchmark over the past three years.
As of 22-Sep, Beryl Drugs Ltd is experiencing a price increase, with the current price at 22.98, reflecting a change of 0.14 or 0.61% upward. The stock has outperformed its sector today by 1.69%. However, despite this positive movement, the stock has shown a significant decline over the year-to-date, down 36.43%, and has a negative return of 34.66% over the past year. Additionally, the stock's delivery volume has fallen sharply by 64.44% against the 5-day average, indicating a decrease in investor participation, which could be a concern for future price stability. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Beryl Drugs' short-term performance over the past week shows a decline of 5.12%, contrasting with the Sensex, which has increased by 0.46%. This underperformance relative to the benchmark may contribute to investor caution. However, over the longer term, the stock has significantly outperformed the Sensex over the past three years, with a return of 142.15% compared to the benchmark's 38.97%, suggesting that while recent trends are concerning, the stock has had a strong historical performance that may still attract long-term investors.
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