Why is SMVD Poly Pack falling/rising?
As of 16-Sep, SMVD Poly Pack Ltd is priced at 7.00, with significant declines of 15.66% over the past month and 42.15% year-to-date, underperforming both its sector and the broader market. The stock has consistently traded below its moving averages and has shown a 50.00% decline over the past year.
As of 16-Sep, SMVD Poly Pack Ltd is currently priced at 7.00, showing no change (0.00%). The stock has underperformed its sector by 1.17% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 7.89%, and it has experienced significant losses of 15.66% over the past month and 42.15% year-to-date. The stock's performance over the last year shows a decline of 50.00%, and over three years, it has fallen by 59.42%. Unfortunately, there is no information available regarding positive or negative factors that could explain the recent movements.In the broader market context, the Sensex has shown a positive return of 1.49% over the past week and 2.47% over the past month, contrasting sharply with SMVD Poly Pack's negative returns during the same periods. Year-to-date, while the Sensex has gained 6.74%, SMVD Poly Pack has seen a substantial decline. This stark difference indicates that the stock is not only underperforming relative to its sector but also lagging behind the overall market trends, which may contribute to investor sentiment and the stock's recent price movements.
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