Spandana Spho.PP

Why is Spandana Sphoorty Financial Ltd Partly Paidup falling/rising?

As of 18-Jan, Spandana Sphoorty Financial Ltd Partly Paidup's stock price is Rs 123.60, down 4.04%, with significant declines over the past week, month, and year-to-date, while trading below all major moving averages amid negative market sentiment.

As of 18-Jan, Spandana Sphoorty Financial Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs 123.60, reflecting a change of -5.2 (-4.04%). The stock has underperformed significantly, with a 1-week decline of -5.65% compared to a negligible change in the Sensex of -0.01%. Over the past month, the stock has dropped by -11.84%, while the Sensex has only decreased by -1.31%. Year-to-date, the stock is down -11.65%, contrasting with the Sensex's -1.94% decline.<BR><BR>Today's trading session began poorly for the stock, opening with a loss of -3.73% and reaching an intraday low of Rs 123, which is a decrease of -4.5%. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 62.91% against the 5-day average, the overall market sentiment appears negative, contributing to the stock's decline.

Which are the latest news on Spandana Spho.PP?