Why is Srivasavi Adhes. falling/rising?
As of 05-Sep, Srivasavi Adhesive Tapes Ltd is priced at 64.00, showing a mixed performance with a 9.78% increase over the past week but a 0.47% decline over the past month. Despite short-term gains, the stock has underperformed year-to-date, declining 34.59% compared to the Sensex's 4.64% gain.
As of 05-Sep, Srivasavi Adhesive Tapes Ltd is currently priced at 64.00, with no change in price (0.00%). The stock has shown a mixed performance, with a notable increase of 9.78% over the past week, while it has decreased by 0.47% over the past month. The stock's performance today is inline with the sector, but it is trading higher than its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 78.57% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's recent short-term return of +9.78% over the past week significantly outperforms the Sensex, which only increased by 1.29% during the same period. However, the stock has underperformed over longer time frames, with a year-to-date decline of 34.59% compared to the Sensex's gain of 4.64%. This disparity indicates that while there may be some short-term recovery, the overall trend for Srivasavi Adhesive Tapes Ltd remains negative in the longer term.
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