Surya Roshni's Stock Continues Downward Trend, Underperforms Sector and Market

Surya Roshni, a midcap company in the steel/sponge iron/pig iron industry, has been facing a downward trend in its stock performance. On November 18, 2024, the company's stock lost -6.09%, underperforming the sector by -5.73%. This marks the sixth consecutive day of losses for the company, with a total decline of -17.58% in this period.

The stock opened with a gap down of -3.56% and reached an intraday low of Rs 577 (-5.68%). It has also shown high volatility today, with an intraday volatility of 81.24% calculated from the weighted average price.

Surya Roshni's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In comparison to the overall market performance, Surya Roshni's stock has underperformed. On a one-day basis, the stock's performance is -6.37% compared to the Sensex's -0.23%. In the past month, the stock has declined by -15.04%, while the Sensex has only seen a decline of -4.70%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions, but rather to inform readers about the current performance of Surya Roshni in the stock market. Investors are advised to conduct their own research and make informed decisions.