Why is Yarn Syndic. PP falling/rising?
As of 15-Jul, Yarn Syndicate Ltd Partly Paidup is trading at 3.10, reflecting a 4.73% increase and a 92.55% return over the last 14 days. Despite its strong short-term performance, the stock is down 61.59% year-to-date and 65.56% over the past year.
As of 15-Jul, Yarn Syndicate Ltd Partly Paidup has experienced a price increase, currently trading at 3.10, which reflects a rise of 0.14 or 4.73%. The stock has been on a positive trajectory, gaining for the last 14 days and achieving a remarkable 92.55% return during this period. Additionally, it has outperformed its sector by 3.55% today. The stock's performance over the past week shows a significant increase of 26.53%, while it has also risen by 30.80% over the past month. However, it is important to note that the stock is down 61.59% year-to-date and 65.56% over the past year, indicating a challenging longer-term performance. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Yarn Syndicate Ltd's short-term performance has significantly outpaced the benchmark Sensex, which has declined by 1.36% over the past week and increased by only 1.79% over the past month. This stark contrast highlights the stock's strong recovery in the short term despite its long-term struggles, as indicated by its year-to-date and one-year returns compared to the benchmark's positive performance. The rising investor participation, evidenced by a 493.28% increase in delivery volume, suggests growing interest and confidence in the stock, contributing to its upward price movement.
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