Why is Viaz Tyres falling/rising?

Sep 23 2025 11:45 PM IST
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As of 23-Sep, Viaz Tyres Ltd is priced at 89.50 with no change, underperforming its sector by 0.92% today despite a strong monthly return of 27.40% and a year-to-date increase of 33.28%. The significant drop in delivery volume by 76.74% suggests declining investor confidence, impacting its recent performance.
As of 23-Sep, Viaz Tyres Ltd is currently priced at 89.50, with no change in price, reflecting a percentage change of 0.00%. The stock has underperformed its sector by 0.92% today, despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than the 5-day moving average. Notably, there has been a significant decline in investor participation, with delivery volume dropping by 76.74% against the 5-day average. Over the past month, the stock has shown a strong performance with a return of 27.40%, and it has increased by 33.28% year-to-date, indicating a generally positive trend despite today's flat performance.

In the broader market context, the Sensex has only increased by 1.20% over the past month, which highlights Viaz Tyres' strong relative performance during this period. However, the stock's recent underperformance today suggests that it is not keeping pace with the momentum seen in the previous weeks. The overall market sentiment appears to be stable, but the significant drop in delivery volume may indicate a lack of confidence among investors, which could be contributing to the stock's inability to rise despite its strong historical performance.
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