Why is Vinayak Polycon falling/rising?
As of 29-Sep, Vinayak Polycon International Ltd's stock price is at 32.00, down 3.0% today, with a year-to-date decline of 20.83%. Despite recent underperformance, the stock has historically outperformed the benchmark with significant long-term returns.
As of 29-Sep, Vinayak Polycon International Ltd's stock price is currently at 32.00, reflecting a decline of 0.99, or 3.0%. The stock has underperformed its sector by 2.43% today. In terms of returns, the stock has shown a negative performance over the past week, down 5.41%, while it has performed positively over the past month with an increase of 8.11%. However, year-to-date, the stock is down 20.83%, indicating a significant decline over a longer period. Notably, the stock's delivery volume has risen by 142.04% against the 5-day average, suggesting increased investor participation, though there are no specific positive or negative factors available to further explain the recent price movement.Broader market context shows that the Sensex has also experienced a decline of 2.18% over the past week, which indicates that the broader market is facing challenges as well. Despite the stock's recent underperformance, it has outpaced the benchmark in the longer term, with a 3-year return of 55.26% compared to the Sensex's 42.47% and a remarkable 5-year return of 315.58% against the Sensex's 111.64%. This suggests that while the stock is currently facing downward pressure, it has historically performed well relative to the broader market over extended periods.
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