Why is Triliance Poly falling/rising?
As of 19-Sep, Triliance Polymers Ltd is priced at 75.75, showing no change. Despite a recent decline in delivery volumes, the stock has outperformed the Sensex and demonstrates a positive trend with strong returns over various periods.
As of 19-Sep, Triliance Polymers Ltd is currently priced at 75.75, showing no change (0.00%). The stock has demonstrated a strong performance over various periods, with a 1-week return of +3.92% and a 1-month return of +5.44%. Additionally, it has outperformed the sector by 0.39% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 15.61% against the 5-day average, which may suggest a decrease in buying interest.In the broader market context, Triliance Polymers Ltd has significantly outperformed the Sensex, which has only increased by 0.88% over the past week and 1.20% over the past month. Year-to-date, the stock has risen by 16.02%, compared to the Sensex's 5.74% increase. This strong relative performance indicates that while the stock is currently flat, its overall trend remains positive compared to the broader market, reflecting investor confidence despite the recent drop in delivery volumes.
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