Sundaram Finance Faces Market Challenges Amid Notable Stock Decline and Trend Reversal

Feb 17 2025 10:20 AM IST
share
Share Via
Sundaram Finance, a key player in the finance sector, saw a decline of 3.04% on February 17, 2025, reversing a brief period of gains. The stock underperformed its sector and is currently trading below multiple moving averages, indicating a bearish trend amid a challenging market environment.
Sundaram Finance, a prominent player in the finance and non-banking financial company (NBFC) sector, experienced a notable decline of 3.04% on February 17, 2025. This drop comes after a brief period of gains, marking a trend reversal as the stock fell following three consecutive days of positive performance.

On this trading day, Sundaram Finance underperformed its sector by 2.2%, indicating a challenging market environment. The stock reached an intraday low of Rs 4396.15, reflecting a decrease of 3.28% at its lowest point.

In terms of moving averages, Sundaram Finance is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. Over the past month, the stock has declined by 3.05%, while the broader Sensex index has seen a smaller decrease of 1.57%. This performance highlights the stock's recent struggles in a fluctuating 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