Why is S V Global Mill falling/rising?
As of 06-Nov, S V Global Mill Ltd's stock price is at Rs 162.45, up 9.99%, and has outperformed its sector today. Despite a significant drop in investor participation, the stock shows a strong upward trend, contrasting with the broader market's decline.
As of 06-Nov, S V Global Mill Ltd's stock price is rising, currently at Rs 162.45, reflecting an increase of Rs 14.75 or 9.99%. The stock has outperformed its sector by 11.27% today and reached an intraday high of Rs 162.45. Over the past week, the stock has gained 5.56%, and in the last month, it has risen by 12.03%. However, there has been a notable decline in investor participation, with delivery volume dropping by 94.43% against the 5-day average. Despite this, the stock is trading above its moving averages across various time frames, indicating a strong upward trend.In the broader market context, the Sensex has experienced a decline of 1.30% over the past week, contrasting with S V Global Mill's positive performance. Year-to-date, the stock has increased by 13.84%, significantly outperforming the Sensex's 6.62% gain. This divergence suggests that while the overall market may be facing challenges, S V Global Mill is benefiting from specific positive factors that are driving its price higher.
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