Why is Shah Alloys falling/rising?

Oct 15 2025 09:59 PM IST
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As of 15-Oct, Shah Alloys Ltd's stock price is Rs 67.00, down 2.38%, and has underperformed its sector. Despite a recent increase in investor participation, the stock has declined significantly over the past week and month, contrasting with the positive performance of the broader market.
As of 15-Oct, Shah Alloys Ltd is experiencing a decline in its stock price, currently at Rs 67.00, which reflects a decrease of Rs 1.63 or 2.38%. The stock has underperformed its sector by 3.42% today, touching an intraday low of Rs 67. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. Over the past week, the stock has seen a return of -3.47%, and over the past month, it has declined by 8.22%. However, there has been a rise in investor participation, with a delivery volume increase of 21.2% against the 5-day average, indicating some interest despite the price drop. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the Sensex has shown a positive return of 1.02% over the past week and 1.00% over the past month, contrasting sharply with Shah Alloys' negative returns during the same periods. Year-to-date, while Shah Alloys has a modest gain of 1.52%, it still lags behind the Sensex's 5.72% increase. Over the past year, Shah Alloys has significantly underperformed with a decline of 16.30% compared to the Sensex's slight gain of 0.96%. This disparity in performance highlights the challenges faced by Shah Alloys in the current market environment, contributing to its falling stock price.
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