Why is Shiva Texyarn falling/rising?
As of 11-Nov, Shiva Texyarn Ltd's stock price is Rs 180.20, down 2.25%, and has declined 6.17% over the last three days. The stock is underperforming its sector and the broader market, with significant drops in investor participation and a year-to-date decline of 16.98%.
As of 11-Nov, Shiva Texyarn Ltd's stock price is currently at Rs 180.20, reflecting a decline of Rs 4.15 or 2.25%. The stock has been underperforming, having fallen for the last three days with a total decline of 6.17% during this period. It has also underperformed its sector by 3.07% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 55.15% compared to the 5-day average. Year-to-date, the stock has seen a substantial decline of 16.98%, and over the past year, it has fallen by 33.21%.In the broader market context, the Sensex has shown a positive return of 0.49% over the past week and 1.66% over the past month, contrasting sharply with Shiva Texyarn's flat performance of 0.00% over the same week and a slight gain of 0.11% over the past month. This indicates that while the overall market is experiencing gains, Shiva Texyarn is lagging significantly behind, contributing to its recent price decline. The stark difference in performance highlights the challenges faced by Shiva Texyarn in attracting investor interest amidst a generally positive market environment.
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