Why is Premier Polyfilm falling/rising?
As of 06-Aug, Premier Polyfilm Ltd's stock price is at 46.46, down 2.07% and has fallen for four consecutive days, totaling a 9.35% decline. The stock is trading below all key moving averages and has significantly underperformed compared to the Sensex, with a year-to-date decline of 37.37%.
As of 06-Aug, Premier Polyfilm Ltd's stock price is currently at 46.46, reflecting a decrease of 0.98, or 2.07%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 9.35% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 64.97% against the 5-day average, there are no available positive or negative factors that could provide further context for the stock's recent performance.In the broader market context, Premier Polyfilm's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -9.15% compared to the Sensex's decline of only 1.15%. Over the past month, the stock has also underperformed, showing a decline of 10.62% against the Sensex's drop of 3.46%. Year-to-date, the stock has experienced a substantial decline of 37.37%, contrasting sharply with the Sensex's positive return of 3.08%. This stark difference in performance highlights the challenges faced by Premier Polyfilm in the current market environment.
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