Why is Siyaram Silk falling/rising?

Aug 07 2025 10:13 PM IST
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As of 07-Aug, Siyaram Silk Mills Ltd is priced at Rs 594.45, down 0.43%, and has underperformed significantly compared to the benchmark Sensex, declining 5.15% over the past week and 14.84% over the past month. The stock is trading below all major moving averages, indicating a bearish trend and reduced investor participation.
As of 07-Aug, Siyaram Silk Mills Ltd is currently priced at Rs 594.45, reflecting a decrease of Rs 2.55 or 0.43%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.47% during this period. Additionally, the stock has underperformed its sector by 0.38% today. It has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has significantly decreased by 77.16% compared to the 5-day average, suggesting a decline in investor participation. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

In the broader market context, Siyaram Silk's short-term performance has been notably poor compared to the benchmark Sensex, which has only declined by 0.69% over the past week while Siyaram Silk has dropped by 5.15%. Over the past month, the stock has decreased by 14.84%, contrasting sharply with the Sensex's decline of just 3.38%. This disparity highlights the stock's significant underperformance relative to the market, contributing to the negative sentiment surrounding it.
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