Why is Shiva Texyarn falling/rising?
As of 31-Jul, Shiva Texyarn Ltd is priced at Rs 199.70, down 1.53%. The stock has shown high volatility and a significant decline in the short term, despite positive quarterly results, facing challenges like high debt and a weak growth outlook.
As of 31-Jul, Shiva Texyarn Ltd is currently priced at Rs 199.70, reflecting a decrease of Rs 3.1 or 1.53%. Today's trading session has seen the stock open significantly lower, with a loss of 6.29%, and it has experienced high volatility, with an intraday fluctuation of 7.23%. Despite touching a day's high of Rs 206.85, the stock's performance has been underwhelming, as it has outperformed its sector by only 0.82%. Over the past week, the stock has declined by 3.46%, while it has shown a modest gain of 0.35% over the past month. Notably, the company has reported positive results in the last three quarters, with a significant increase in net sales and profits, but it also faces challenges such as a weak long-term growth outlook and high debt levels.In the broader market context, the Sensex has decreased by 1.22% over the past week, indicating that the stock's short-term decline is more pronounced than the benchmark. While Shiva Texyarn has generated a return of 4.69% over the past year, its year-to-date performance shows a decline of 7.99%, contrasting with the Sensex's gain of 3.90%. The stock's current trading price is at a discount compared to its peers, which may attract some investors; however, the overall weak long-term fundamentals and falling investor participation, as evidenced by a significant drop in delivery volume, suggest that the stock's recent price movement is primarily influenced by negative sentiment and market conditions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
