Why is Sunlite Recycli. falling/rising?
As of 17-Sep, Sunlite Recycling Industries Ltd is priced at 188.45, down 1.34%. Despite strong past performance, a significant drop in trading volume and underperformance against its sector suggest a potential correction.
As of 17-Sep, Sunlite Recycling Industries Ltd is currently priced at 188.45, experiencing a decline of 2.55, or 1.34%. The stock has shown strong performance in the past week and month, with returns of 13.52% and 26.48%, respectively. However, despite trading above all key moving averages, today's performance indicates it has underperformed its sector by 0.68%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 45.65% compared to the 5-day average, which may contribute to the stock's current decline. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's movement.Broader market context shows that while Sunlite Recycling has outperformed the Sensex significantly over the past week and month, with respective returns of 13.52% compared to 1.43% and 26.48% compared to 2.84%, the stock's current decline suggests a potential correction after a period of strong gains. The broader market has shown modest growth, but the substantial drop in trading volume for Sunlite Recycling may indicate a cooling interest from investors, which could be impacting its price negatively despite its strong historical performance relative to the benchmark.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
