Why is Seya Industries falling/rising?
As of 12-Sep, Seya Industries Ltd is priced at 17.50, with a recent slight increase but significant declines over the year and three years, underperforming its sector and the broader market. The stock's delivery volume has drastically decreased, indicating reduced investor interest.
As of 12-Sep, Seya Industries Ltd is currently priced at 17.50, reflecting a slight increase of 0.06 or 0.34%. The stock has shown a positive trend over the last two days, gaining 1.39% in this period. However, it has underperformed its sector by 0.54%. In terms of longer-term performance, the stock has declined significantly, with a year-to-date drop of 18.60% and a one-year decline of 38.23%. Additionally, the stock's delivery volume has dramatically decreased by 99.85% compared to the five-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's short-term return of 0.92% over the past week is lower than the Sensex, which has increased by 1.48% in the same period. This underperformance is further highlighted by the stock's significant declines over longer periods compared to the benchmark, with a three-year drop of 47.53% against a 36.25% gain for the Sensex. The stock's current price movement, despite a slight increase, is overshadowed by its overall poor performance relative to the market, suggesting that broader market conditions may not be favorable for Seya Industries at this time.
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