Sri Lakshmi Saraswathi Textiles Sees Unusual Buying Activity Amid Ongoing Price Declines
Sri Lakshmi Saraswathi Textiles (Arni) Ltd is experiencing notable buying activity despite a recent downward trend, marked by consecutive losses and underperformance against the sector. The stock has shown erratic trading patterns and is currently below several key moving averages, which may be influencing the current buying interest.
Sri Lakshmi Saraswathi Textiles (Arni) Ltd is currently witnessing strong buying activity, despite its recent performance indicating a downward trend. The stock has experienced consecutive losses over the past two days, with a total decline of 11.59%. On a daily basis, it has underperformed the sector by 3.62%, closing down 1.77% compared to the Sensex, which gained 1.17%.Over the past week, the stock has fallen by 7.30%, while the Sensex decreased by only 1.02%. Monthly performance shows a decline of 10.05% for Sri Lakshmi Saraswathi Textiles, contrasting with the Sensex's drop of 5.66%. Year-to-date, the stock is down 5.90%, slightly worse than the Sensex's decline of 5.50%.
The stock's trading activity has been erratic, with no trades on one day out of the last 20. Currently, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The combination of these factors may be contributing to the unusual buying pressure observed today.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
