Why is Dhabriya Poly. falling/rising?
As of 06-Nov, Dhabriya Polywood Ltd's stock price is 384.90, down 0.19%, and has declined 5.07% over the past week. Despite a positive year-to-date return of 3.20%, the stock has underperformed its sector and the benchmark Sensex recently, indicating a bearish trend.
As of 06-Nov, Dhabriya Polywood Ltd's stock price is currently at 384.90, reflecting a decrease of 0.75, or 0.19%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 5.07% over the past week. Additionally, the stock's performance today has underperformed its sector by 0.85%. The delivery volume has significantly decreased by 58.67% compared to the 5-day average, indicating a drop in investor participation. While the stock remains above its 200-day moving average, it is below the shorter-term moving averages, suggesting a bearish trend. The year-to-date return is positive at 3.20%, but the stock has underperformed the benchmark Sensex over the past week, month, and year.In the broader market context, the Sensex has shown a decline of only 1.30% over the past week, contrasting with Dhabriya Polywood's more significant drop. While the stock has performed well over the long term, with a 207.92% increase over three years, its recent performance indicates a struggle to maintain momentum in the short term. The overall market environment appears to be more favorable than the stock's recent performance, which may be contributing to the downward pressure on Dhabriya Polywood's price.
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