Why is Sai Swami Metals falling/rising?

Jun 20 2025 10:53 PM IST
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As of 20-Jun, Sai Swami Metals and Alloys Ltd's stock price is Rs 34.10, down 3.13%, and has underperformed its sector and the benchmark Sensex significantly. The stock shows erratic trading patterns and decreased investor participation, with a year-to-date decline of 26.62%.
As of 20-Jun, Sai Swami Metals and Alloys Ltd is experiencing a decline in its stock price, currently at Rs 34.10, which reflects a decrease of Rs 1.1 or 3.13%. The stock has underperformed its sector by 3.87% today and has shown erratic trading patterns, not trading on 2 out of the last 20 days. The stock reached an intraday low of Rs 34.05, indicating a drop of 3.27%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased significantly, with a 52.38% drop compared to the 5-day average, suggesting a lack of investor participation. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.

In the broader market context, the stock's performance over the past week shows a decline of 7.08%, while the benchmark Sensex has increased by 1.59%. Over the past month, the stock has decreased by 2.21%, compared to a 1.50% rise in the Sensex. Year-to-date, Sai Swami Metals has fallen by 26.62%, while the Sensex has gained 5.46%. This stark contrast highlights the stock's underperformance relative to the broader market, contributing to the downward pressure on its price.
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