Intraday Price Movements and Volatility
On 24 Nov 2025, Suryaamba Spinning Mills opened with a gap down of 4.38%, reflecting immediate downward pressure. Despite this, the stock experienced notable intraday fluctuations, reaching a high of Rs.143.55, which represents an 11.28% rise from the opening price. The intraday low coincided with the new 52-week low of Rs.123.35. The weighted average price volatility for the day was recorded at 7.57%, indicating a highly unsettled trading environment.
Interestingly, the stock has been on a two-day consecutive gain streak prior to today’s session, accumulating a 10.32% return over that period. However, the current session’s opening gap down and subsequent price swings have culminated in the fresh low.
Comparison with Moving Averages
Suryaamba Spinning Mills’ current price level stands above its 5-day, 20-day, and 50-day moving averages, suggesting some short-term price support. Conversely, it remains below the 100-day and 200-day moving averages, which may indicate longer-term downward momentum. This mixed technical picture reflects the stock’s recent volatility and the challenges it faces in regaining sustained upward traction.
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Market Context and Sector Performance
The broader market environment on the day showed positive momentum, with the Sensex opening 88.12 points higher and trading at 85,465.95, a 0.27% gain. The benchmark index is approaching its 52-week high of 85,801.70, currently just 0.39% away. The Sensex has been on a three-week consecutive rise, gaining 2.7% over this period, supported by mega-cap stocks leading the advance.
Within the garments and apparels sector, Suryaamba Spinning Mills’ performance contrasts with the broader market trend. The stock outperformed its sector by 8.66% today despite hitting a new low, reflecting the sector’s own volatility and mixed investor sentiment.
Long-Term Performance and Financial Metrics
Over the past year, Suryaamba Spinning Mills has recorded a return of -10.83%, underperforming the Sensex, which posted an 8.01% gain during the same period. The stock’s 52-week high was Rs.199.80, highlighting the extent of the recent price decline.
Financially, the company has demonstrated a compound annual growth rate (CAGR) of 2.59% in operating profits over the last five years, indicating modest growth in earnings before interest and taxes. Despite this, the stock has consistently underperformed the BSE500 benchmark over the last three annual periods, reflecting challenges in maintaining competitive returns.
On the positive side, Suryaamba Spinning Mills has declared positive results for the last four consecutive quarters. The latest six-month profit after tax (PAT) stood at Rs.1.40 crore, while the dividend per share (DPS) reached Rs.1.00, with a dividend payout ratio (DPR) of 25.00%, the highest recorded for the company.
Valuation and Efficiency Indicators
The company’s return on capital employed (ROCE) is 6.9%, which, combined with an enterprise value to capital employed ratio of 0.7, suggests an attractive valuation relative to its capital base. The stock is trading at a discount compared to its peers’ average historical valuations, which may reflect market caution given the recent price movements.
Profit growth over the past year has been notable, with a 307% rise in profits despite the stock’s negative return. This divergence between profit growth and share price performance highlights the complex dynamics affecting the company’s market valuation.
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Shareholding and Market Capitalisation
The majority shareholding in Suryaamba Spinning Mills remains with the promoters, maintaining a stable ownership structure. The company holds a market capitalisation grade of 4, reflecting its position within the mid-cap segment of the garments and apparels sector.
Despite the recent price decline to Rs.123.35, the stock’s day change was recorded at 8.18%, indicating some recovery attempts during the session. The stock’s performance today, including the intraday high and low, underscores the ongoing volatility and investor reassessment of the company’s valuation.
Summary of Key Price and Performance Data
To summarise, Suryaamba Spinning Mills’ stock price today:
- Hit a new 52-week low of Rs.123.35
- Opened with a gap down of 4.38%
- Reached an intraday high of Rs.143.55 (11.28% above open)
- Exhibited intraday volatility of 7.57%
- Outperformed its sector by 8.66% despite the low
- Maintained price above short-term moving averages but below longer-term averages
These figures illustrate the stock’s current position within a fluctuating market environment and the challenges it faces in regaining upward momentum.
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