Sai Silks Hits 52-Week Low Amid Persistent Downward Trend in Retail Sector

Feb 28 2025 09:39 AM IST
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Sai Silks (Kalamandir) has reached a new 52-week low, reflecting a significant decline in its stock performance. Over the past year, the company has faced challenges, with a notable drop compared to the broader market. The stock continues to trade below key moving averages, highlighting ongoing downward momentum.
Sai Silks (Kalamandir), a small-cap player in the retailing industry, has experienced significant activity today, reaching a new 52-week low of Rs. 139.5. This decline marks a notable downturn, as the stock has underperformed its sector by 1.87%. Over the past four days, Sai Silks has seen a consecutive decline, accumulating a total drop of 10.3% during this period.

Today's trading session saw the stock hit an intraday low of Rs. 139.5, reflecting a decrease of 2.35%. The company's performance over the past year has been challenging, with a decline of 41.18%, contrasting sharply with the Sensex, which has gained 1.93% in the same timeframe.

Additionally, Sai Silks is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. As the retail sector navigates various market dynamics, the performance of Sai Silks remains a focal point for observers of the small-cap segment.
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