Why is Vardhman Polytex falling/rising?

Sep 23 2025 10:11 PM IST
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As of 23-Sep, Vardhman Polytex Ltd's stock price is at 8.90, up 1.14% today but down 5.32% over the past month. The stock is trading below all major moving averages, indicating a bearish trend, despite a recent increase in investor interest.
As of 23-Sep, Vardhman Polytex Ltd's stock price is currently at 8.90, reflecting an increase of 0.1 or 1.14%. Despite this positive movement today, the stock has shown a decline of 1.11% over the past week and a significant drop of 5.32% over the past month. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. However, there has been a notable increase in investor participation, with delivery volume rising by 125.08% compared to the 5-day average, suggesting some renewed interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Vardhman Polytex's performance has been underwhelming compared to the Sensex, which has gained 0.98% over the past month while Vardhman Polytex has declined by 5.32%. Year-to-date, the stock has significantly underperformed, down 25.83%, while the Sensex has risen by 5.07%. This stark contrast highlights the challenges faced by Vardhman Polytex in the current market environment, despite today's slight uptick in price.
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