Why is Shiva Cement falling/rising?

Aug 08 2025 09:33 PM IST
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As of 08-Aug, Shiva Cement Ltd's stock price is at 36.01, down 1.67% and has underperformed with a 5.21% decline over the last two days and 11.13% over the past month. Despite trading above longer-term moving averages, it has struggled compared to the Sensex, which has gained 2.20% year-to-date, while Shiva Cement is down 9.07%.
As of 08-Aug, Shiva Cement Ltd's stock price is currently at 36.01, reflecting a decrease of 0.61, or 1.67%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.21% during this period. Over the past week, the stock has decreased by 3.15%, and it has shown a significant decline of 11.13% over the past month. Although the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 13.21% compared to the 5-day average, indicating some interest despite the recent price drop. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

Broader market context indicates that Shiva Cement's performance has been weaker than the benchmark, the Sensex, which has only declined by 0.92% over the past week. Year-to-date, Shiva Cement is down 9.07%, while the Sensex has gained 2.20%. This stark contrast highlights the stock's struggle in a generally improving market. The stock's long-term performance also shows a decline of 25.31% over the past year, compared to the Sensex's modest gain of 1.23%, further emphasizing the challenges faced by Shiva Cement in attracting investor confidence relative to broader market trends.
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