Why is Sanrhea Tech. falling/rising?

Jun 11 2025 10:34 PM IST
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As of 11-Jun, Sanrhea Technical Textile Ltd's stock price is Rs 137.00, down 5.45%, with a year-to-date return of -23.46%. Despite a significant increase in delivery volume, the stock has underperformed compared to the market, reflecting declining profitability and trading below key moving averages.
As of 11-Jun, Sanrhea Technical Textile Ltd's stock price is currently at Rs 137.00, reflecting a decline of Rs 7.9 or 5.45%. The stock has been underperforming, with a consecutive fall over the last two days resulting in a total drop of 5.97%. It opened with a loss of 4.07% today and reached an intraday low of Rs 137. The stock has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant increase in delivery volume by 310.87% against the 5-day average, the stock's performance has been disappointing, with a year-to-date return of -23.46% and a one-year return of -27.22%, indicating a substantial underperformance compared to the market.

In the broader market context, the Sensex has shown positive movement, gaining 1.87% over the past week and 5.60% year-to-date, contrasting sharply with Sanrhea's negative returns. The company's financial health is somewhat mixed; while it has a high return on capital employed (ROCE) of 23.65% and a low debt-to-EBITDA ratio of 1.27, its profits have decreased by 9% over the past year, and its latest six-month profit after tax has declined by 28.41%. This combination of underperformance relative to the market and declining profitability has contributed to the stock's recent downward trend.
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