Why is S V Global Mill falling/rising?
As of 19-Nov, S V Global Mill Ltd's stock price is Rs 159.90, down 2.59%, and has underperformed its sector by 3.45% today. Despite a year-to-date increase of 12.05%, recent trends show an 8.29% decline over the last two days, indicating a struggle against a generally positive market backdrop.
As of 19-Nov, S V Global Mill Ltd is experiencing a decline in its stock price, currently at Rs 159.90, which reflects a decrease of Rs 4.25 or 2.59%. The stock has underperformed its sector by 3.45% today and has been on a consecutive downward trend for the last two days, resulting in an overall drop of 8.29% during this period. It opened with a loss of 2.53% and reached an intraday low of Rs 159.8. Additionally, the stock has shown a significant decrease in investor participation, with delivery volume falling by 51.92% compared to the 5-day average. While the stock's long-term performance remains strong with a year-to-date increase of 12.05%, the recent short-term trends indicate a struggle, particularly in the last week where it has dropped by 8.86%.In the broader market context, the Sensex has shown a positive return of 0.85% over the past week, contrasting sharply with S V Global Mill's negative performance. This suggests that while the overall market is experiencing gains, S V Global Mill is lagging behind, contributing to its recent price decline. The stock's performance over the last month is still positive at 7.89%, but the current downward momentum highlights a disconnect between the stock and the broader market trends. The lack of available positive or negative dashboard data further complicates the analysis of specific factors influencing the stock's recent movement.
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