Singer India Experiences Revision in Stock Score Amidst Continued Downward Trend in Q1 2025

Singer India, a microcap player in the domestic appliances sector, has recently experienced a notable adjustment in its evaluation, reflecting ongoing challenges in the market. The stock has reached a new 52-week low, with its price hitting Rs. 76 on January 9, 2025. This decline is particularly significant as it underscores a broader trend of underperformance, with the company lagging behind its sector by 1.31% today.
Over the past year, Singer India has faced considerable headwinds, with its stock price decreasing by 26.63%. This stark contrast to the Sensex, which has risen by 8.72% during the same timeframe, highlights the difficulties the company is encountering. Furthermore, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trajectory.

In light of these developments, Singer India has been added to MarketsMOJO's list, reflecting a reassessment of its market position and performance indicators. Today's intraday low of Rs. 76 marks a decrease of 2.28% from the previous close, further emphasizing the challenges the company faces in the current economic landscape. As the market continues to evolve, investors will be closely monitoring any future changes in the stock's performance and overall evaluation.