Saraswati Commercial Faces Prolonged Stock Decline Amid Broader Market Challenges

Feb 18 2025 09:35 AM IST
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Saraswati Commercial (India), a small-cap finance and NBFC firm, has faced significant stock volatility, marking its ninth consecutive day of losses. The stock has dropped 31.1% over this period and is trading below all key moving averages, reflecting ongoing challenges in the market compared to the broader index.
Saraswati Commercial (India), a small-cap player in the finance and non-banking financial company (NBFC) sector, has experienced significant volatility in its stock performance today. The stock opened with a notable loss of 5%, reflecting a broader trend of underperformance, as it lagged behind its sector by 4.43%.

This decline marks the ninth consecutive day of losses for Saraswati Commercial, with a staggering total drop of 31.1% over this period. The stock reached an intraday low of Rs 11,643.6, maintaining this price point throughout the trading session.

In terms of moving averages, Saraswati Commercial is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Over the past month, the stock has plummeted by 36.72%, contrasting sharply with the Sensex, which has only seen a 1.03% decline. This performance highlights the challenges faced by Saraswati Commercial in the current market environment.
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