Why is Sabrimala Indus. falling/rising?

Oct 10 2025 10:47 PM IST
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As of 10-Oct, Sabrimala Industries India Ltd's stock price has declined to Rs 14.21, down 9.89%, after a volatile trading day that saw an initial gain. Despite outperforming the Sensex recently, the stock has significantly underperformed year-to-date, which may be affecting investor sentiment.
As of 10-Oct, Sabrimala Industries India Ltd is experiencing a decline in its stock price, currently at Rs 14.21, which reflects a decrease of 1.56 or 9.89%. Today's price summary indicates that the stock opened with a significant gain of 9.96%, reaching an intraday high of Rs 17.34, but subsequently fell to its current price, marking a trend reversal after four consecutive days of gains. The stock has shown high volatility today with an intraday fluctuation of 9.89%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a decrease in investor participation, with delivery volume falling by 0.33% against the 5-day average, which may have contributed to the stock's recent downward movement.

In the broader market context, Sabrimala Industries has outperformed the benchmark Sensex over the past week and month, with returns of 20.12% and 29.42%, respectively, compared to the Sensex's 1.59% and 1.32%. However, year-to-date, the stock has underperformed significantly, with a decline of 26.45% against the Sensex's gain of 5.58%. This underperformance in the longer term may be influencing investor sentiment negatively, despite the recent short-term gains. The stock's performance today, which underperformed its sector by 10.19%, further highlights the challenges it faces in maintaining investor confidence amidst fluctuating trading activity.
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