Why is Siyaram Silk falling/rising?
As of 01-Aug, Siyaram Silk Mills Ltd's stock price is declining at Rs 614.05, down 2.03%, with a total drop of 9.51% over three days. Despite a year-over-year return of 19.41%, recent negative performance and decreased investor participation indicate a challenging market sentiment.
As of 01-Aug, Siyaram Silk Mills Ltd is experiencing a decline in its stock price, currently at Rs 614.05, which represents a decrease of Rs 12.7 or 2.03%. The stock has been on a downward trend, having fallen consecutively for the last three days with a total decline of 9.51%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 12.28%, while its one-month performance shows a decrease of 12.86%. Although the stock has outperformed its sector by 0.46% today, the overall sentiment remains negative due to a significant drop in investor participation, with delivery volume falling by 33.57% against the 5-day average. Additionally, the company reported a substantial decline in profit after tax for the latest quarter, which may have contributed to the stock's downward movement.In the broader market context, the Sensex has only decreased by 1.06% over the past week, indicating that Siyaram Silk's decline is more pronounced than the overall market. Despite the stock's ability to generate a 19.41% return over the past year, its recent performance contrasts sharply with the benchmark's negative returns of -4.13% during the same period. The company's low debt-to-EBITDA ratio and healthy long-term growth prospects are overshadowed by recent negative results and a lack of domestic mutual fund interest, which may signal concerns about the stock's valuation. Overall, while there are positive factors supporting the company's fundamentals, the immediate market sentiment and recent performance trends suggest a challenging environment for Siyaram Silk Mills Ltd.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
