Why is Shine Fashions falling/rising?

Sep 12 2025 11:08 PM IST
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As of 12-Sep, Shine Fashions (India) Ltd's stock price is Rs 41.80, down 5.0%, and has fallen 8.93% over the last two days. The stock is underperforming significantly compared to the Sensex, with a year-to-date decline of 14.39% against a 4.82% gain in the index.
As of 12-Sep, Shine Fashions (India) Ltd is experiencing a decline in its stock price, currently at Rs 41.80, which represents a decrease of 2.2 or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 8.93% during this period. Additionally, it opened with a loss of 5% today and has touched an intraday low of Rs 41.80. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume, which rose by 200% against the 5-day average, the overall performance remains negative, with the stock underperforming its sector by 4.29%. There is no information available regarding positive or negative factors that could have influenced the stock's recent movement.

Broader market context shows that Shine Fashions has significantly underperformed compared to the benchmark index, Sensex, over various time frames. In the past week, the stock has decreased by 16.23%, while the Sensex has increased by 1.48%. Over the last month, the stock's decline is 24.00%, contrasting with a 2.08% rise in the Sensex. Year-to-date, Shine Fashions has seen a drop of 14.39%, while the Sensex has gained 4.82%. This stark difference in performance highlights the challenges faced by Shine Fashions in the current market environment.
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