Intraday Price Movements and Volatility
On 24 Nov 2025, Suryaamba Spinning Mills opened with a gap down of 4.38%, setting a cautious tone for the trading day. The stock experienced notable volatility, with an intraday price range spanning from Rs.123.35 to Rs.143.55, representing an 11.28% difference between the low and high points. The weighted average price volatility for the day was calculated at 7.57%, indicating heightened price fluctuations compared to typical sessions.
Despite the initial gap down, the stock recorded gains over the last two days, accumulating a 10.32% return during this period. However, the closing price at the 52-week low underscores the challenges faced by the company in sustaining upward momentum.
Comparison with Market and Sector Performance
The broader market environment showed resilience on the same day, with the Sensex opening 88.12 points higher and trading at 85,466.86, a 0.28% increase. The benchmark index is approaching its own 52-week high, currently just 0.39% below the peak of 85,801.70. Sensex’s upward trend is supported by its position above the 50-day moving average, which itself is above the 200-day moving average, signalling a generally bullish market sentiment.
Within this context, Suryaamba Spinning Mills’ performance contrasts with the overall market, as the stock has underperformed the Sensex by a significant margin over the past year. While the Sensex has recorded an 8.03% return in the last 12 months, Suryaamba Spinning Mills has shown a negative return of 10.83% over the same period.
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Long-Term Performance and Valuation Metrics
Suryaamba Spinning Mills operates within the Garments & Apparels industry, a sector that has seen varied performance across its constituents. Over the last five years, the company’s operating profits have shown a compound annual growth rate (CAGR) of 2.59%, indicating modest expansion in earnings before interest and taxes.
Despite this growth, the stock has consistently lagged behind the BSE500 benchmark in each of the last three annual periods. This trend is reflected in the stock’s returns, which have been negative over the past year and have not matched the broader market’s positive trajectory.
From a valuation standpoint, Suryaamba Spinning Mills presents a relatively attractive profile. The company’s return on capital employed (ROCE) stands at 6.9%, and the enterprise value to capital employed ratio is 0.7, suggesting the stock is trading at a discount compared to its peers’ historical averages. This valuation metric may reflect market caution given the company’s recent price performance.
Profitability and Dividend Details
Financial results for the latest six months indicate a profit after tax (PAT) of Rs.1.40 crore, which is a positive sign amid the stock’s price pressures. The company has declared positive results for four consecutive quarters, signalling some stability in earnings.
Dividend metrics also show a dividend per share (DPS) of Rs.1.00 and a dividend payout ratio (DPR) of 25.00%, which are the highest recorded in recent periods. These figures suggest a commitment to returning value to shareholders despite the subdued stock price.
Technical Indicators and Moving Averages
Examining the stock’s moving averages reveals a mixed technical picture. Suryaamba Spinning Mills is trading above its 5-day, 20-day, and 50-day moving averages, which may indicate some short-term positive momentum. However, it remains below its 100-day and 200-day moving averages, reflecting longer-term resistance levels that have yet to be overcome.
The stock’s 52-week high price was Rs.199.80, which is substantially above the current 52-week low of Rs.123.35, highlighting the extent of the price contraction over the past year.
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Shareholding and Market Capitalisation
The majority shareholding in Suryaamba Spinning Mills is held by promoters, indicating concentrated ownership. The company’s market capitalisation grade is noted as 4, placing it within the micro-cap category. This classification often entails higher volatility and sensitivity to market developments.
Despite the recent price decline, the stock outperformed its sector on the day of the new low, registering an 8.18% day change and outperforming the Garments & Apparels sector by 8.66%. This suggests some relative strength within its industry group, even as the absolute price level reached a yearly trough.
Summary of Key Price and Performance Data
To summarise, Suryaamba Spinning Mills’ stock price on 24 Nov 2025:
- Hit a new 52-week low of Rs.123.35
- Opened with a gap down of 4.38%
- Recorded an intraday high of Rs.143.55
- Displayed intraday volatility of 7.57%
- Closed after two consecutive days of gains totalling 10.32%
- Underperformed the Sensex’s 8.03% return over the past year with a negative 10.83% return
These figures illustrate the stock’s recent price dynamics and its position relative to broader market indices and sector peers.
Contextualising the 52-Week Low
The new 52-week low price of Rs.123.35 represents a significant milestone for Suryaamba Spinning Mills, reflecting the culmination of a year marked by price pressures and relative underperformance. While the stock has shown some short-term recovery attempts, the prevailing trend remains subdued compared to the broader market’s positive momentum.
Investors and market participants may note the company’s positive quarterly earnings and dividend declarations, alongside its valuation metrics, as factors contributing to the current market assessment. However, the stock’s position below key long-term moving averages and its historical underperformance relative to benchmarks continue to weigh on its price levels.
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