Why is Sylvan Plyboard falling/rising?
As of 17-Oct, Sylvan Plyboard (India) Ltd's stock price is 69.90, up 5.99% today, with a 10.78% increase over the past week. However, it has declined 17.76% year-to-date, indicating longer-term challenges despite recent gains.
As of 17-Oct, Sylvan Plyboard (India) Ltd's stock price is currently at 69.90, reflecting an increase of 3.95 or 5.99%. The stock has shown a strong performance today, outperforming its sector by 6.73%. Additionally, the stock's delivery volume has increased by 25% compared to the 5-day average, indicating rising investor participation. However, while the stock has performed well in the short term with a 10.78% increase over the past week, it has experienced a decline of 17.76% year-to-date and 26.30% over the past year, suggesting underlying challenges despite today's positive movement.In the broader market context, the Sensex has risen by 1.68% over the past week, which indicates that Sylvan Plyboard's recent performance is significantly better than the benchmark. However, the stock's year-to-date performance is notably worse than the Sensex's 8.73% increase, highlighting a disparity in longer-term performance. While the stock is currently liquid enough for trading, the lack of available positive or negative dashboard data limits a comprehensive understanding of the factors influencing its recent price movement.
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