Why is SPP Polymer falling/rising?

Sep 09 2025 11:25 PM IST
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As of 09-Sep, SPP Polymer Ltd's stock price is declining at 16.85, down 1.46%, and underperforming its sector and the broader market. The stock has seen a significant drop in investor participation and has decreased 48.31% year-to-date, indicating challenges in attracting interest.
As of 09-Sep, SPP Polymer Ltd is experiencing a decline in its stock price, currently at 16.85, which reflects a decrease of 0.25 or 1.46%. The stock has underperformed its sector by 1.04% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 37.5% compared to the 5-day average. Over the past month, the stock has decreased by 1.46%, while year-to-date, it has seen a substantial decline of 48.31%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, SPP Polymer's short-term performance over the past week shows a slight increase of 0.30%, but this is significantly lower than the Sensex, which has risen by 1.18% during the same period. The stock's year-to-date performance is particularly concerning, as it has underperformed the benchmark index, which has gained 5.18% so far this year. This stark contrast highlights the challenges SPP Polymer is facing in attracting investor interest and maintaining its market position amidst a generally positive market environment.
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