Why is Swadeshi Polytex falling/rising?

Jun 26 2025 08:56 PM IST
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As of 26-Jun, Swadeshi Polytex Ltd's stock price is at 66.64, up 1.99% after a seven-day decline, but it has dropped 27.71% year-to-date and 58.93% over the past year. Despite today's recovery and increased trading volume, the stock has underperformed compared to the Sensex and remains a concern for long-term investors.
As of 26-Jun, Swadeshi Polytex Ltd's stock price is currently at 66.64, reflecting an increase of 1.3, or 1.99%. The stock has shown a trend reversal by gaining after seven consecutive days of decline. Additionally, it has outperformed its sector by 1.07% today. Despite this positive movement, the stock has experienced significant declines over the longer term, with a year-to-date drop of 27.71% and a staggering 58.93% decrease over the past year. The stock's performance today is supported by a notable increase in delivery volume, which rose by 52.3% compared to the five-day average, indicating rising investor participation. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the stock's short-term performance has been underwhelming compared to the benchmark, as it has declined by 5.90% over the past week while the Sensex has gained 2.94%. This contrast highlights the stock's struggles relative to the overall market. Although the stock has shown some recovery today, its long-term performance remains concerning, with a significant underperformance compared to the Sensex over the past year and year-to-date. The liquidity of the stock appears adequate for trading, but the overall trend suggests that investors are cautious given its historical volatility and recent performance.
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