Why is Triliance Poly falling/rising?
As of 23-Jun, Triliance Polymers Ltd's stock price is at 63.19, down 0.75%, and has underperformed its sector today. Despite a recent decline, it has shown significant long-term gains, with a 370.86% increase over the past year.
As of 23-Jun, Triliance Polymers Ltd is experiencing a decline in its stock price, currently at 63.19, which reflects a decrease of 0.48 or 0.75%. The stock has underperformed its sector by 0.29% today, and while it is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has shown a 5.32% increase over the past week, but it has declined by 14.59% over the past month. Year-to-date, it is down 3.22%, although it has had an impressive 370.86% increase over the past year and a 382.73% increase over the past three years. There is a noted rise in investor participation, with delivery volume increasing by 1.56% against the 5-day average, indicating some interest despite the current price drop.In the broader market context, Triliance Polymers Ltd's recent performance contrasts with the Sensex, which has only seen a slight increase of 0.12% over the past week and a 0.22% increase over the past month. This suggests that while the stock has outperformed the benchmark in the short term, its longer-term performance is significantly better than the market average, particularly over the past year and three years. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value. However, the lack of specific positive or negative factors in the dashboard limits a deeper analysis of the influences on the stock's recent movement.
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