Why is Dhabriya Poly. falling/rising?
As of 17-Nov, Dhabriya Polywood Ltd's stock price is rising to Rs 407.00, with a 2.53% increase and strong performance over various time frames. Despite a decline in investor participation, the stock has outperformed the Sensex and shows solid historical returns, indicating positive sentiment.
As of 17-Nov, Dhabriya Polywood Ltd's stock price is rising, currently at Rs 407.00, reflecting an increase of Rs 10.05 or 2.53%. The stock has been gaining for the last two days, with a total return of 3.19% during this period. It has outperformed its sector by 3.76% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a decline in investor participation, with delivery volume falling by 7.24% against the 5-day average. The stock has shown strong performance over various time frames, including a 3.51% increase over the past week and a 6.52% rise over the past month.In the broader market context, Dhabriya Polywood Ltd has outperformed the Sensex, which has increased by 1.69% over the past week and 1.19% over the past month. Year-to-date, the stock has gained 9.13%, slightly ahead of the Sensex's 8.72% increase. The significant outperformance over the last three years, with a return of 184.22% compared to the Sensex's 37.57%, indicates strong investor confidence in the company relative to the market. This combination of solid short-term performance and historical returns suggests that the stock's recent rise is supported by positive sentiment, despite the noted decrease in trading volume.
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