Why is Siyaram Recycli. falling/rising?
As of 19-Sep, Siyaram Recycling Industries Ltd is priced at 116.00, down 0.77%, and has underperformed its sector by 0.47%. Despite a recent weekly gain of 8.87%, the stock has a year-to-date decline of 18.31%, with increased delivery volume indicating rising investor interest.
As of 19-Sep, Siyaram Recycling Industries Ltd is currently priced at 116.00, reflecting a decrease of 0.9, or 0.77%. The stock has recently underperformed its sector by 0.47% and has experienced a trend reversal, falling after four consecutive days of gains. Despite this decline, the stock has shown a positive performance over the past week, with an increase of 8.87%, although it has a year-to-date drop of 18.31%. The stock's delivery volume has notably increased by 221.78% against the 5-day average, indicating rising investor participation, which could suggest underlying interest despite the current price drop. There are no positive or negative dashboard factors available to provide further context on the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.88% over the past week, Siyaram Recycling's performance has significantly outpaced the index. However, over the longer term, the stock has underperformed relative to the Sensex, which has gained 5.74% year-to-date. This disparity highlights the challenges faced by Siyaram Recycling in maintaining momentum in a broader market that is generally performing better.
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