Sangam (India) Stock Rebounds Amid Broader Small-Cap Market Recovery

Mar 05 2025 10:15 AM IST
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Sangam (India), a small-cap textile company, experienced a notable stock price increase on March 5, 2025, reversing a six-day decline. Despite today's gains, the stock remains below key moving averages and has faced significant declines over the past week, month, and year, reflecting ongoing market challenges.
Sangam (India), a small-cap player in the textile industry, has seen a significant uptick in its stock price, gaining 8.07% on March 5, 2025. This performance marks a notable trend reversal after six consecutive days of decline. The stock opened with a gap up of 3.52% and reached an intraday high of Rs 315.1, reflecting a 6.61% increase during the trading session.

Despite today's gains, Sangam (India) is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. Over the past week, the stock has declined by 2.62%, and its performance over the last month shows a significant drop of 20.73%. Year-to-date, Sangam (India) has experienced a decline of 22.85%, while its one-year performance reflects a decrease of 33.93%.

In the broader market context, the Sensex has risen by 0.63% today, recovering from a flat opening. Small-cap stocks are leading the market, with the BSE Small Cap index gaining 1.69%.
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