Why is Centenial Surgic falling/rising?

Aug 28 2025 09:40 PM IST
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As of 28-Aug, Centenial Surgical Suture Ltd's stock price is Rs 120.40, down 3.87% and significantly underperforming with a 23.77% loss over three days and 20.82% over the week. The stock is trading below key moving averages, indicating a bearish trend, and has declined 12.75% year-to-date compared to a 2.48% gain in the benchmark Sensex.
As of 28-Aug, Centenial Surgical Suture Ltd's stock price is currently at Rs 120.40, reflecting a decline of Rs 4.85 or 3.87%. The stock has been underperforming, having lost 23.77% over the last three days and showing a significant drop of 20.82% over the past week. Although it opened with a gain of 3.63% today and reached an intraday high of Rs 132.35, it ultimately fell to its current price, indicating volatility. The stock is trading below all key moving averages, which suggests a bearish trend. Additionally, while there has been a notable increase in investor participation with a delivery volume rise of 4952.08% against the 5-day average, the overall performance remains weak compared to the sector.

In the broader market context, Centenial Surgical Suture Ltd has significantly underperformed the Sensex, which has only declined by 2.34% over the past week. The stock's year-to-date performance is also concerning, showing a decline of 12.75% while the benchmark has gained 2.48%. This stark contrast highlights the stock's struggles in the current market environment, where it has not only faced consecutive losses but also a substantial drop in value compared to the overall market trends.
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