Why is Saraswati Saree falling/rising?
As of 30-Jul, Saraswati Saree Depot Ltd is priced at 93.48, having declined 0.82% and significantly underperformed with a 27.42% drop year-to-date. Despite positive financial results, the stock is trading below all moving averages and has seen decreased investor participation, indicating a bearish trend.
As of 30-Jul, Saraswati Saree Depot Ltd is currently priced at 93.48, reflecting a decline of 0.77, or 0.82%. The stock has been underperforming significantly, having lost 7.85% over the last nine consecutive days. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has underperformed its sector by 7.42% today. Over the past week, the stock has decreased by 4.12%, and over the past month, it has fallen by 5.08%, while year-to-date, it has plummeted by 27.42%. Despite these declines, the company has shown positive financial results, with net sales growing by 25.83% and profit after tax increasing by 23.73% over the last six months. The company also boasts a high return on equity of 17.19% and a low debt-to-equity ratio, which suggests strong management efficiency and an attractive valuation.Broader Market Context: In comparison to the benchmark Sensex, which has gained 4.28% year-to-date, Saraswati Saree Depot Ltd's significant decline of 27.42% indicates a stark underperformance. The retailing sector has seen a gain of 6.36%, contrasting sharply with the stock's downward trajectory. Furthermore, the delivery volume has decreased by 24.26% against the five-day average, suggesting a decline in investor participation. This lack of interest, combined with the stock's poor performance relative to both its sector and the broader market, contributes to the ongoing downward pressure on its price.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
