Why is Purv Flexi falling/rising?
As of 19-Sep, Purv Flexipack Ltd's stock price is declining at 115.50, down 1.2%, with a significant drop in delivery volume and a 4.98% decrease over the past week. Despite a 48.36% increase in the last month, the stock is down 32.22% year-to-date and has underperformed compared to the Sensex.
As of 19-Sep, Purv Flexipack Ltd is experiencing a decline in its stock price, currently at 115.50, which reflects a decrease of 1.4 or 1.2%. The stock has underperformed its sector by 0.74% today, and its delivery volume has significantly dropped by 71.61% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.98%, while it has shown a substantial increase of 48.36% over the past month. However, year-to-date, the stock is down 32.22%, and it has also underperformed over the past year with a decline of 25.63%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's recent performance contrasts sharply with the benchmark, the Sensex, which has gained 0.85% over the past week and 1.39% over the past month. This indicates that while Purv Flexipack Ltd has seen significant gains in the short term, it is currently lagging behind the market, particularly in the short term, where it has not kept pace with the Sensex's positive returns. The overall market sentiment appears to be more favorable compared to the stock's performance, contributing to its downward price movement.
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