Why is Yarn Syndic. PP falling/rising?
As of 03-Sep, Yarn Syndicate Ltd Partly Paidup has increased to 3.45, up 1.47% over the last two days, despite a year-to-date decline of 57.25%. Recent performance shows a rise in delivery volume, indicating increased investor interest, although the stock has underperformed compared to the broader market over the past month.
As of 03-Sep, Yarn Syndicate Ltd Partly Paidup has seen a price increase, currently at 3.45, reflecting a change of 0.05 or 1.47% upward. The stock has been gaining for the last two days, with a total return of 3.29% during this period, and it has outperformed its sector by 0.57%. Despite a significant year-to-date decline of 57.25%, the stock's recent performance shows a rise in delivery volume by 49.51% compared to the 5-day average, indicating increased investor participation. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance over the past week shows a slight decline of 0.29%, which is slightly worse than the benchmark Sensex's decline of 0.27%. Over the past month, Yarn Syndicate has experienced a significant drop of 20.69%, contrasting sharply with the Sensex's minimal decline of 0.04%. This indicates that while the stock is currently experiencing a short-term rise, it has faced substantial challenges in the longer term compared to the broader market.
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