Sangam (India) Faces Prolonged Decline Amid Broader Market Resilience

Sangam (India), a small-cap player in the Garments & Apparels industry, has experienced significant downward movement today, with a decline of 7.33% as of August 5, 2025. The stock has underperformed its sector by 6.92%, marking a troubling trend as it has now fallen for five consecutive days, accumulating a total loss of 17.8% during this period.
Opening with a gap down of 2.6%, Sangam (India) reached an intraday low of Rs 362.1, reflecting a drop of 7.83%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish trend.

In the broader market context, the Sensex opened flat but subsequently declined by 269.49 points, closing at 80,676.94, a decrease of 0.42%. While the Sensex has shown resilience with a 0.42% gain over the last three days, Sangam (India) has struggled significantly, with its performance metrics revealing a stark contrast to the index. Over the past month, the stock has lost 19.41%, while the Sensex has only dipped by 3.16%.