Why is Srivasavi Adhes. falling/rising?
As of 04-Sep, Srivasavi Adhesive Tapes Ltd is priced at 64.00, with no change today, but it has outperformed its sector short-term despite significant year-to-date and one-year declines of 34.59% and 37.83%, respectively. The stock shows mixed performance against moving averages, indicating ongoing long-term challenges despite recent short-term gains.
As of 04-Sep, Srivasavi Adhesive Tapes Ltd is currently priced at 64.00, showing no change (0.00%). The stock has outperformed its sector by 0.54% today, and the delivery volume has increased by 5.26% compared to the 5-day average, indicating rising investor participation. However, despite this positive movement, the stock has a year-to-date decline of 34.59% and a one-year decline of 37.83%, suggesting significant long-term challenges. The stock is currently trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages, indicating mixed performance in the context of longer-term trends. There are no available positive or negative factors to further explain the stock's recent movement.Broader market context shows that over the past week, Srivasavi Adhesive Tapes Ltd has increased by 5.70%, significantly outperforming the Sensex, which rose by only 0.95%. However, over the past month, the stock has declined by 3.03%, while the Sensex has remained relatively stable with a 0.05% increase. This suggests that while the stock has shown short-term resilience, it continues to struggle in the broader market context, particularly when considering its substantial year-to-date and one-year declines compared to the Sensex's positive performance.
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