Why is Shoora Designs falling/rising?

Jul 24 2025 11:12 PM IST
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As of 24-Jul, Shoora Designs Ltd's stock price is Rs 66.00, down 2.84%, and has underperformed its sector by 3.13%. The stock has declined 3.08% over the past week and 17.50% over the past month, indicating significant challenges amid declining investor interest and volatility.
As of 24-Jul, Shoora Designs Ltd is experiencing a decline in its stock price, currently at Rs 66.00, which represents a decrease of Rs 1.93 or 2.84%. The stock has underperformed its sector by 3.13% today, and it reached an intraday low of Rs 66. The stock's performance over the past week shows a decline of 3.08%, and over the past month, it has decreased by 17.50%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. There has also been a notable drop in investor participation, with a 16.67% decrease in delivery volume compared to the 5-day average.

In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week, indicating that the market is relatively stable compared to Shoora Designs' significant drop. Year-to-date, while the stock has decreased by 8.59%, the Sensex has increased by 5.18%, highlighting a stark contrast in performance. The stock's erratic trading, with no trades on two days out of the last 20, further reflects its volatility and potential liquidity issues, as it is only liquid enough for trades of Rs 0 crore based on 2% of the 5-day average traded value. Overall, the combination of poor recent performance, declining investor interest, and underperformance against the benchmark suggests that Shoora Designs is facing significant challenges in the current market environment.
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