Suryoday Small Finance Bank's Stock Performance Continues to Decline, Underperforms Sector

Suryoday Small Finance Bank, a smallcap private bank, has been facing a downward trend in its stock performance. On October 25, 2024, the bank's stock lost -7.68% of its value, according to MarketsMOJO. The stock has been on a consecutive fall for the past 7 days and has seen a decline of -16.93% during this period. Today, the stock opened with a gap down of -9.62% and touched an intraday low of Rs 140.

The stock's performance has been underwhelming, as it has underperformed the sector by -7.64%. This is reflected in the fact that the stock is trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a bearish sentiment in the market towards Suryoday Small Finance Bank.

In comparison to the overall market performance, Suryoday Small Finance Bank has not fared well. Its 1 day performance is -8.88% while the Sensex has seen a marginal increase of 0.03%. Similarly, in the past month, the stock has seen a decline of -24.72% while the Sensex has seen a decline of -5.97%.

Investors and experts are advised to exercise caution while considering Suryoday Small Finance Bank as an investment option. The stock's current performance and trend suggest a potential risk for investors. This news article is for informational purposes only and does not constitute any recommendation or advice.