Why is Siyaram falling/rising?

Jun 12 2025 10:49 PM IST
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As of 12-Jun, Siyaram Recycling Industries Ltd's stock price is declining at 127.50, down 1.92%, and has fallen 6.52% over the last three days. The stock is underperforming the market significantly, with a year-to-date decline of 10.21% compared to the Sensex's gain of 4.55%.
As of 12-Jun, Siyaram Recycling Industries Ltd is experiencing a decline in its stock price, currently at 127.50, which reflects a decrease of 2.5 or 1.92%. The stock has been underperforming recently, with a consecutive fall over the last three days, resulting in a total drop of 6.52%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume by 78.57% against the 5-day average, the overall performance today has underperformed the sector by 1.09%. Year-to-date, the stock has seen a significant decline of 10.21%, contrasting with a positive return of 80.57% over the past year.

In the broader market context, the Sensex has shown a slight gain of 0.31% over the past week, while Siyaram's stock has dropped by 6.70% in the same period, highlighting a stark underperformance relative to the benchmark. The stock's year-to-date performance is also notably worse than the Sensex, which has gained 4.55% this year. This divergence suggests that while the overall market may be stabilizing or improving, Siyaram is facing specific challenges that are negatively impacting its stock price. The absence of any positive factors in the dashboard further emphasizes the lack of supportive news or developments that could help reverse the current downward trend.
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