Sundaram Brake Linings Faces Increased Trading Activity Amid Ongoing Decline in Stock Performance

Mar 04 2025 01:21 PM IST
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Sundaram Brake Linings Ltd, a microcap in the auto ancillary sector, has seen heightened trading activity, hitting a lower circuit. The stock opened lower and has faced consecutive weekly losses. Despite this, investor participation has surged significantly, with a notable increase in delivery volume compared to recent averages.
Sundaram Brake Linings Ltd, a microcap player in the auto ancillary industry, has experienced significant trading activity today, hitting a lower circuit. The stock's last traded price stands at Rs 788.8, reflecting a change of Rs 17.55 or a percentage increase of 2.28%. However, it has underperformed compared to its sector, which saw a decline of 2.79%.

The stock opened at Rs 741, marking a gap down of 2.7%, and reached an intraday low of Rs 732.7. Over the past week, Sundaram Brake Linings has faced consecutive losses, with a total decline of 18.38%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Despite the challenges, there has been a notable increase in investor participation, with delivery volume rising by 541.87% compared to the 5-day average. The total traded volume today was approximately 0.03032 lakh shares, resulting in a turnover of Rs 0.2255 crore. The stock's year high is Rs 1440.0, while the year low is Rs 615.25.
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