Why is Triliance Poly falling/rising?
As of 23-Sep, Triliance Polymers Ltd is priced at 75.75 with no change, outperforming its sector today by 0.25%. Despite a significant drop in investor participation, the stock has shown strong long-term performance with a 56.06% increase over the past year, compared to a decline in the benchmark Sensex.
As of 23-Sep, Triliance Polymers Ltd is currently priced at 75.75, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 0.25%. However, there is a notable decline in investor participation, as the delivery volume on 22 September has fallen by 85.53% compared to the 5-day average. Despite this drop in participation, the stock has performed well over the past month, with a return of 4.54%, and has significantly outperformed the benchmark Sensex, which only increased by 0.98% during the same period. Year-to-date, the stock has risen by 16.02%, compared to the Sensex's 5.07%, and over the past year, it has surged by 56.06% while the benchmark has declined by 3.33%.In the broader market context, Triliance Polymers Ltd's recent performance indicates a strong upward trend over the longer term, particularly with a remarkable 478.69% increase over the past three years, compared to the Sensex's 41.31% rise. The stock's current price is above its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend, although it is below the 5-day moving average. This indicates some short-term volatility, which may be contributing to the recent drop in delivery volume. Overall, while the stock has shown strong long-term performance, the recent decline in investor participation could be a concern for its immediate price stability.
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