Why is Siyaram falling/rising?

Jun 06 2025 03:08 PM IST
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As of 05-June, Siyaram Recycling Industries Ltd's stock price is 136.65, down 0.22%, with a three-day loss of 2.04% and a year-to-date decline of 3.77%. Despite a strong year-over-year return of 97.33%, declining delivery volume and recent underperformance suggest challenges ahead.
As of 05-June, Siyaram Recycling Industries Ltd is experiencing a decline in its stock price, currently at 136.65, reflecting a decrease of 0.3 or 0.22%. The stock has underperformed its sector by 4.26% today and has been on a downward trend for the past three days, accumulating a total loss of 2.04%. Despite a strong year-over-year return of 97.33%, the stock has shown a year-to-date decline of 3.77%. Additionally, the delivery volume has significantly decreased by 44.44% compared to the five-day average, indicating falling investor participation, which may contribute to the stock's recent struggles.

In the broader market context, the Sensex has shown a slight decline of 0.23% over the past week, while Siyaram's stock has increased by 0.48% in the same period, suggesting it has outperformed the benchmark recently. However, over the last month, Siyaram has gained 7.60%, contrasting with the Sensex's modest increase of 0.80%. The stock's current price is above its longer-term moving averages, which may indicate potential support levels, but the recent underperformance and declining investor interest could weigh on its future performance.
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