Why is Triliance Poly falling/rising?
As of 20-Oct, Triliance Polymers Ltd's stock price is declining at 90.40, down 1.99%, with a significant drop in investor participation and a 14.7% loss over the past eight days. Despite strong long-term returns, the stock has underperformed recently compared to the benchmark Sensex.
As of 20-Oct, Triliance Polymers Ltd is experiencing a decline in its stock price, currently at 90.40, which reflects a decrease of 1.84 or 1.99%. The stock has been underperforming, having lost 14.7% over the last eight consecutive days. It opened at 90.40 and has remained at this price without any range fluctuations. Additionally, the stock has shown a significant drop in investor participation, with delivery volume decreasing by 63.62% compared to the five-day average. Despite a strong year-to-date return of 38.46% and a remarkable three-year return of 590.60%, the recent performance indicates a troubling trend for the company.Broader market context shows that while Triliance Polymers has outperformed the benchmark Sensex over the longer term, it has significantly underperformed in the short term, with a weekly return of -9.60% compared to the Sensex's gain of 2.47%. This stark contrast highlights the stock's recent struggles despite its overall positive trajectory in the past months and years. The broader market appears to be stable, which further emphasizes the specific challenges facing Triliance Polymers at this time.
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