Spandana Sphoorty Financial Hits 52-Week Low Amid Sustained Decline

Dec 26 2024 12:05 PM IST
share
Share Via
Spandana Sphoorty Financial has recently undergone a revision in its score, reflecting ongoing challenges in the market. The stock has been added to MarketsMojo's list, highlighting its significant underperformance compared to sector benchmarks. With a notable decline over the past year, the company continues to face headwinds.
Spandana Sphoorty Financial, a small-cap player in the finance and non-banking financial company (NBFC) sector, has recently reached a new 52-week low, with shares trading at Rs. 305.5 as of December 26, 2024. This decline marks a significant downturn for the company, which has seen its stock price fall consecutively for the past eight days, resulting in a total drop of 17.88% during this period.

In terms of performance metrics, Spandana Sphoorty has notably underperformed its sector, lagging behind by 1.34% on the day of the latest price drop. Over the past year, the company's stock has experienced a staggering decline of 70.04%, contrasting sharply with the Sensex, which has gained 10.11% in the same timeframe.

Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These performance indicators highlight the challenges faced by Spandana Sphoorty Financial in the current market landscape.
{{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