Syrma SGS Technology's Stock Sees Decline in Line with Sector Performance
On May 13, 2024, Syrma SGS Technology, a midcap electronics components company, experienced a -5.66% decline in its stock price, closing at Rs 440. This was in line with the sector's overall performance, with the company underperforming by -6.77%. The stock is currently trading below its moving averages, indicating a downward trend.
Syrma SGS Technology, a midcap company in the electronics components industry, saw a decline in its stock price on May 13, 2024. The stock lost -5.66% and closed at Rs 440. This decline was in line with the overall performance of the sector, as the company underperformed by -6.77%.
The stock's intraday low was Rs 440, a decrease of -6.71% from the previous day's closing price. Syrma SGS Technology is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.
In comparison to the Sensex, Syrma SGS Technology's performance on May 13 was -5.86%, while the Sensex's performance was -0.97%. Over the past month, the company's stock has seen a decline of -9.05%, while the Sensex has seen a decline of -3.07%.
While the company's stock performance may be a cause for concern for investors, it is important to note that this article is based on factual information and does not include any external data or sources. It is always advisable for investors to conduct their own research and make informed decisions before investing in any company.
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