Why is Ponni Sug.Erode falling/rising?

Sep 19 2025 10:03 PM IST
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As of 19-Sep, Ponni Sugars (Erode) Ltd's stock price is 292.45, down 1.28% and has declined 3.62% over the past week, underperforming the Sensex which gained 0.88%. The stock is trading below all major moving averages, indicating a bearish trend, and has a year-to-date decline of 27.90%.
As of 19-Sep, Ponni Sugars (Erode) Ltd is experiencing a decline in its stock price, currently at 292.45, which represents a decrease of 3.8 or 1.28%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 3.62% over that period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 89.33% against the 5-day average, the overall performance today has underperformed the sector by 1.15%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, Ponni Sugars' short-term return of -3.62% over the past week contrasts sharply with the Sensex, which has gained 0.88% during the same period. This significant underperformance highlights the stock's struggles relative to the benchmark index. Year-to-date, Ponni Sugars has seen a decline of 27.90%, while the Sensex has increased by 5.74%, further emphasizing the challenges faced by the company in comparison to the overall market performance.
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