Why is Saraswati Saree falling/rising?

Jun 06 2025 03:14 PM IST
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As of 05-Jun, Saraswati Saree Depot Ltd's stock price is Rs 100.59, up 1.2%, but it has underperformed its sector today. Despite recent short-term gains, the stock is down 21.90% year-to-date, indicating volatility and challenges ahead.
As of 05-Jun, Saraswati Saree Depot Ltd's stock price is currently at Rs 100.59, reflecting an increase of Rs 1.19, or 1.2%. The stock has shown a positive trend recently, gaining 1.44% over the last two days. However, it underperformed its sector by 0.8% today. Despite touching an intraday high of Rs 101.39, the stock's delivery volume has significantly decreased by 56.16% compared to the 5-day average, indicating falling investor participation. The stock has performed well in the short term, with a 3.28% increase over the past week and a notable 12.53% rise over the past month, although it remains down 21.90% year-to-date. There is no information available regarding positive or negative factors affecting the stock.

Broader market context shows that while Saraswati Saree Depot Ltd has outperformed the Sensex in the short term, with a 1W return of 3.28% compared to the benchmark's -0.23%, it still faces challenges in the longer term, as evidenced by its year-to-date performance. The Sensex has gained 4.23% year-to-date, contrasting with the stock's significant decline. This disparity highlights the stock's volatility and the potential impact of broader market conditions on its performance.
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