Sundram Fasteners Shows Short-Term Gains Amid Long-Term Market Challenges

Jan 30 2025 09:30 AM IST
share
Share Via
Sundram Fasteners saw a 4.01% increase on January 30, 2025, despite underperforming its sector. The stock opened higher and reached an intraday peak, but remains close to its 52-week low. It has shown recent gains, yet trades below key moving averages, indicating ongoing market challenges.
Sundram Fasteners has experienced a notable increase of 4.01% on January 30, 2025, despite underperforming its sector by 2.41%. The stock opened with a gain of 3.5% and reached an intraday high of Rs 1028.95. However, it remains 2.87% away from its 52-week low of Rs 970.1, indicating a challenging market position.

Over the past two days, Sundram Fasteners has shown a consecutive gain, accumulating a total return of 2.24%. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term trend of weakness.

The fasteners sector overall has seen a gain of 2.87%, contrasting with Sundram's performance over the past month, where it has declined by 2.43%, compared to a slight decrease of 2.19% in the Sensex. The stock has exhibited high volatility today, with an intraday volatility of 136.8%, reflecting significant price fluctuations.
{{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