Sumitomo Chemical India Faces Short-Term Decline Amid Broader Market Weakness
Sumitomo Chemical India has seen a recent decline, continuing a two-day downward trend. Despite this, the stock remains above several key moving averages, indicating a longer-term positive outlook. In the broader market, the chemicals sector and Sensex have also experienced declines, reflecting bearish sentiment.
Sumitomo Chemical India has experienced a decline of 3.07% on April 4, 2025, continuing a downward trend over the past two days, during which the stock has fallen by 3.13%. The stock reached an intraday low of Rs 552.3, reflecting a decrease of 3.16%. Despite this recent downturn, Sumitomo Chemical India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term positive trend.In the broader market context, the chemicals sector has also seen a decline, with a drop of 3.29%. The Sensex has faced significant pressure, falling sharply by 784.26 points to 75,375.83, marking a 1.21% decrease. The index is currently trading below its 50-day moving average, which is itself below the 200-day moving average, suggesting a bearish market sentiment.
Over various time frames, Sumitomo Chemical India has shown resilience, with a 1-year performance of 51.53%, significantly outperforming the Sensex's 1.49% increase. Year-to-date, the stock has gained 3.48%, while the Sensex has declined by 3.59%.
{{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
