Why is Saraswati Saree falling/rising?

Sep 24 2025 11:53 PM IST
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As of 24-Sep, Saraswati Saree Depot Ltd's stock price is at 88.49, down 0.86%, and has underperformed its sector and the benchmark Sensex over various time frames. Despite a high dividend yield and management efficiency, the stock has seen a significant decline of 31.30% year-to-date.
As of 24-Sep, Saraswati Saree Depot Ltd's stock price is currently at 88.49, reflecting a decline of 0.77, or 0.86%. The stock has underperformed its sector by 1.16% today and has experienced a consecutive fall over the last two days, resulting in a total drop of 1.93%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite these negative movements, there has been a rise in investor participation, with a delivery volume increase of 19.56% compared to the 5-day average. The company boasts a high dividend yield of 4.15% and has shown management efficiency with a return on equity (ROE) of 17.19%. However, the stock has faced significant declines over the past year, with a return of -45.44%, despite a 4% increase in profits.

In the broader market context, the stock's performance over the past week shows a decline of 1.59%, which is worse than the benchmark Sensex's drop of 1.18%. Over the past month, Saraswati Saree has fallen by 5.04%, contrasting with the Sensex's modest gain of 0.50%. Year-to-date, the stock has significantly underperformed, with a decline of 31.30% compared to the Sensex's increase of 4.58%. This underperformance highlights the challenges faced by the company in a market that has generally been more favorable.
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