Why is Shrydus Indust. falling/rising?
As of 03-Jul, Shrydus Industries Ltd is currently priced at 5.43, reflecting a 4.83% rise and strong short-term performance with a 20.94% gain over four days. Despite recent gains, the stock has significant long-term declines of 60.31% year-to-date and 66.70% over the past year, contrasting with its recent outperformance against the Sensex.
As of 03-Jul, Shrydus Industries Ltd is experiencing a price increase, currently at 5.43, with a change of 0.25, representing a 4.83% rise. The stock has shown strong performance recently, gaining 20.94% over the last four days and outperforming its sector by 5.35% today. Additionally, the stock's delivery volume has increased significantly, rising by 59.58% compared to the five-day average, indicating rising investor participation. However, the stock has a mixed performance over longer periods, with a year-to-date decline of 60.31% and a one-year drop of 66.70%, while it has shown a remarkable increase of 262.15% over the past five years. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Shrydus Industries Ltd has outperformed the benchmark Sensex in the short term, with a one-week return of +18.56% compared to the Sensex's -0.62%. This indicates that while the stock has been rising recently, it has struggled significantly over longer periods, contrasting with the Sensex's positive performance of +3.10% over the past month and +6.53% year-to-date. The stock's recent gains suggest a potential recovery phase, but its long-term performance remains concerning in comparison to the broader market trends.
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