Why is Sylvan Plyboard falling/rising?
As of 24-Jun, Sylvan Plyboard (India) Ltd's stock price is at 81.70, unchanged today, but it has declined by 3.88% over the past month, underperforming the Sensex's gain of 0.77%. The stock is trading above some moving averages but below others, and there has been a significant drop in investor participation.
As of 24-Jun, Sylvan Plyboard (India) Ltd's stock price is currently at 81.70, showing no change (0.00%). The stock's performance today is inline with the sector, but it has experienced a decline of 3.88% over the past month, while the benchmark Sensex has gained 0.77% during the same period. The stock is currently trading higher than its 5-day, 50-day, and 100-day moving averages, but lower than its 20-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 66.67% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, Sylvan Plyboard's short-term return of +0.80% over the past week is slightly better than the Sensex, which has increased by 0.77%. However, the stock's year-to-date performance is concerning, as it has declined by 3.88%, contrasting sharply with the Sensex's gain of 5.92%. This disparity highlights the stock's underperformance relative to the broader market, which may contribute to investor caution and the observed decrease in trading volume.
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