Why is Siddha Ventures falling/rising?

Sep 02 2025 09:47 PM IST
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As of 02-Sep, Siddha Ventures Ltd is priced at Rs 6.20, showing a recent increase but a significant year-to-date decline of -50.64%. Despite a short-term performance that outperforms its sector, the stock remains below key moving averages, indicating a bearish trend.
As of 02-Sep, Siddha Ventures Ltd is currently priced at Rs 6.20, reflecting an increase of Rs 0.13 or 2.14%. The stock has shown a mixed performance recently, with a 1-week return of +0.98%, indicating a slight recovery compared to the previous week, while it has underperformed over the longer term with a 1-month decline of -4.62% and a year-to-date drop of -50.64%. Today, the stock outperformed its sector by 2.27%, and there has been a notable increase in investor participation, with delivery volume rising by 108.44% compared to the 5-day average. However, it is trading below all key moving averages, which suggests a bearish trend. There are no positive or negative factors explicitly mentioned that could further clarify the stock's recent movements.

Broader Market Context: In comparison to the benchmark Sensex, which has declined by -0.78% over the past week, Siddha Ventures' short-term performance appears relatively strong. However, over the longer term, the stock has significantly lagged behind the benchmark, with a year-to-date performance of -50.64% against the Sensex's +2.58%. This disparity highlights the challenges Siddha Ventures is facing in the broader market context, despite its recent uptick in price and increased trading activity.
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