Why is Sylvan Plyboard falling/rising?
As of 23-Sep, Sylvan Plyboard (India) Ltd is priced at 69.50, with no change and significant underperformance compared to its sector and the broader market. The stock has declined 18.24% year-to-date and 30.98% over the past year, despite increased investor interest indicated by a rise in delivery volume.
As of 23-Sep, Sylvan Plyboard (India) Ltd is currently priced at 69.50, showing no change (0.00%). The stock has underperformed its sector by 0.28% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Over the past week, the stock has decreased by 0.71%, and it has seen a significant decline of 18.24% year-to-date, along with a 30.98% drop over the past year. Despite these declines, there has been a notable increase in investor participation, with delivery volume rising by 166.67% against the 5-day average, suggesting some interest in the stock despite its overall negative performance.In the broader market context, the Sensex has shown a slight decline of 0.28% today, which is less than the stock's performance, indicating that Sylvan Plyboard is underperforming relative to the benchmark. Over the past month, while the stock has decreased by 2.11%, the Sensex has increased by 1.20%, further highlighting the stock's struggles in comparison to the market. The lack of available positive or negative factors in the dashboard limits the understanding of specific catalysts affecting the stock's movement, but the overall trend suggests continued challenges for Sylvan Plyboard in the current market environment.
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