Why is Seya Industries falling/rising?
As of 17-Nov, Seya Industries Ltd's stock price has declined to 21.65, down 5.58%, with erratic trading and a significant drop in delivery volume. Despite being above longer-term moving averages, the stock is underperforming compared to the broader market's positive trends.
As of 17-Nov, Seya Industries Ltd is experiencing a decline in its stock price, currently at 21.65, which represents a decrease of 1.28 or 5.58%. The stock has shown erratic trading patterns, having not traded on 4 out of the last 20 days. Additionally, the stock's delivery volume has significantly dropped by 97.83% against the 5-day average, indicating falling investor participation. While the stock's price is higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Unfortunately, there is no available data on positive or negative factors that could further explain the stock's recent movement.In the broader market context, the Sensex has shown a positive return of 1.72% over the past week and 1.18% over the past month. However, Seya Industries does not have available data for its short-term returns, making it difficult to directly compare its performance against the benchmark. Given the stock's recent decline and the lack of trading activity, it appears that Seya Industries is not keeping pace with the broader market's upward trend.
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