Suryoday Small Finance Bank Experiences Revision in Its Score Amid 52-Week Low Performance

Suryoday Small Finance Bank has recently undergone a revision in its score, reflecting the ongoing challenges the institution faces in the current market environment. The bank's stock has been under pressure, reaching a new 52-week low with its price hitting Rs. 130.15 on January 8, 2025. This decline is indicative of a significant downturn, as the bank has underperformed its sector by a slight margin today.
Over the past three days, Suryoday Small Finance Bank has experienced a consecutive decline, contributing to a total drop of 6.25%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a prevailing bearish trend.

In terms of annual performance, the bank has seen a notable decline of 17.94%, contrasting sharply with the benchmark Sensex, which has recorded a positive performance of 9.26% during the same timeframe.

In light of these developments, Suryoday Small Finance Bank has been added to MarketsMOJO's list, indicating a reassessment of its market position and performance indicators. Investors and analysts will be closely monitoring the bank's next moves as it navigates through these challenging conditions.