Why is Shivam Chemicals falling/rising?

Aug 08 2025 11:34 PM IST
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As of 08-Aug, Shivam Chemicals Ltd is priced at Rs 63.00, down 3.08% today and underperforming its sector. Despite a strong year-to-date return of 23.55%, recent market conditions have negatively impacted its short-term performance.
As of 08-Aug, Shivam Chemicals Ltd is currently priced at Rs 63.00, reflecting a decline of Rs 2.0 or 3.08%. Today's price summary indicates that the stock opened with a loss of 3.08% and has not traded above this price throughout the day, touching an intraday low of Rs 63. The stock has underperformed its sector by 1.31%, and it has shown erratic trading patterns, not trading on 4 out of the last 20 days. In terms of returns, the stock has experienced a 1-week decline of 3.67% while showing a strong 1-month gain of 11.98%. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

Broader Market Context: The BSE Small Cap index has fallen by 1.03%, indicating a challenging environment for small-cap stocks, which may be contributing to the downward pressure on Shivam Chemicals. In comparison to the benchmark Sensex, the stock's short-term performance has been notably weaker, with a 1-week decline versus the benchmark's smaller decline of 0.92%. Despite a strong year-to-date return of 23.55%, the current short-term trend suggests that market conditions are affecting investor sentiment negatively, leading to the stock's recent price drop.
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