Why is Sylvan Plyboard falling/rising?
As of 15-Jul, Sylvan Plyboard (India) Ltd's stock price is 81.00, having increased by 0.93%. Despite today's gain, the stock has underperformed over the past week and month, with a year-to-date decline of 4.71%, contrasting with the Sensex's 6.56% gain.
As of 15-Jul, Sylvan Plyboard (India) Ltd's stock price is currently at 81.00, reflecting an increase of 0.75, or 0.93%. The stock has shown a mixed performance in recent periods, with a decline of 7.95% over the past week and 5.32% over the past month. However, today it outperformed its sector by 1.14%. The stock's moving averages indicate that it is currently higher than the 100-day and 200-day moving averages but lower than the 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 17.65% against the 5-day average, suggesting growing interest in the stock. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader market context shows that while Sylvan Plyboard has experienced a decline of 4.71% year-to-date, the benchmark Sensex has gained 6.56% in the same period. In the short term, the stock's performance over the past week has significantly lagged behind the Sensex, which has only dropped by 1.28%. This contrast highlights the challenges Sylvan Plyboard faces in the current market environment, despite today's positive movement in its stock price.
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