Why is Shivam Chemicals falling/rising?
As of 14-Aug, Shivam Chemicals Ltd's stock price is Rs 61.50, down 1.6%, with significant declines in trading volume and performance compared to its sector. Despite a year-to-date increase of 20.61%, recent erratic trading and lower investor participation indicate a troubling short-term trend.
As of 14-Aug, Shivam Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 61.50, which reflects a decrease of Rs 1.0 or 1.6%. Today's price summary indicates that the stock underperformed its sector by 1.65%, opening with a loss of 2.08% and touching an intraday low of Rs 61.2. The stock has shown erratic trading, not trading on 3 out of the last 20 days, and has a narrow trading range of Rs 0.31. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 67.74% compared to the 5-day average. Over the past week, the stock has decreased by 5.38%, while it has shown positive returns of 6.03% over the past month and 20.61% year-to-date.In the broader market context, the Sensex has remained relatively stable with a negligible change of -0.03% over the past week, contrasting with Shivam Chemicals' significant decline. While the stock has outperformed the benchmark over the longer term, with a 20.61% increase year-to-date compared to the Sensex's 3.15%, the recent short-term performance indicates a divergence from this trend. The current decline may be attributed to the combination of lower trading volumes, erratic trading patterns, and a negative sentiment reflected in the stock's performance today.
{{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
