Saregama India Faces Market Sentiment Shift Amid Broader Industry Challenges

Feb 10 2025 11:35 AM IST
share
Share Via
Saregama India faced a significant decline on February 10, 2025, reversing a three-day upward trend. The stock underperformed its sector and showed a bearish trend, trading below multiple moving averages. Its performance contrasted with the Sensex, which experienced a much smaller decline during the same period.
Saregama India, a midcap player in the lifestyle industry, experienced a notable decline of 5.6% on February 10, 2025. This drop marks a reversal in trend after three consecutive days of gains, indicating a shift in market sentiment. The stock underperformed its sector by 4.02%, reflecting broader challenges faced within the industry.

During the trading session, Saregama India reached an intraday high of Rs 544.6, representing a modest increase of 2.75%, before falling to a low of Rs 502.45, which was a decrease of 5.2%. The stock's performance over the past day was a decline of 5.30%, contrasting sharply with the Sensex, which only fell by 0.70%. Over the past month, Saregama India has seen a decrease of 5.23%, while the Sensex remained relatively stable with a decline of just 0.09%.

Additionally, Saregama India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its recent performance metrics.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News