Why is Siyaram Recycli. falling/rising?
As of 24-Jul, Siyaram Recycling Industries Ltd's stock price is at 138.95, reflecting a slight decline of 0.04%. Despite recent challenges, the stock has gained 11.16% over the past month and 49.39% over the past year, although it has underperformed compared to the Sensex in the short term.
As of 24-Jul, Siyaram Recycling Industries Ltd is experiencing a slight decline in its stock price, currently at 138.95, reflecting a decrease of 0.05 or 0.04%. The stock has been losing value for the last three days, with a total drop of 3.17% during this period. Despite this recent downturn, the stock has shown a positive performance over the past month, gaining 11.16%, and has a significant increase of 49.39% over the past year. The stock's moving averages indicate that it is currently higher than the 20-day, 50-day, and 100-day averages but lower than the 5-day and 200-day averages. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 120.93% against the 5-day average, suggesting heightened interest in the stock. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's short-term performance over the past week shows a decline of 2.83%, which is significantly worse than the benchmark Sensex, which has only fallen by 0.09% during the same period. However, the stock's performance over the past month and year has outpaced the Sensex, indicating that while the stock is currently facing challenges, it has previously demonstrated strong growth relative to the market. The year-to-date return of -2.15% for the stock contrasts with the Sensex's positive return of 5.18%, further highlighting the stock's recent struggles compared to the broader market trends.
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