Why is Shoora Designs falling/rising?

Sep 04 2025 11:02 PM IST
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As of 04-Sep, Shoora Designs Ltd's stock price is declining at 57.00, down 1.98%, and has underperformed its sector and the market significantly. The stock is in a bearish trend, trading below all major moving averages, with a year-to-date decline of 21.05%.
As of 04-Sep, Shoora Designs Ltd is experiencing a decline in its stock price, currently at 57.00, which reflects a decrease of 1.15 or 1.98%. The stock has underperformed its sector by 1.86% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.52% during this period. Additionally, 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 by 2185.71% on September 3rd, the stock's overall performance has been poor, with a year-to-date decline of 21.05% compared to a 3.30% increase in the benchmark.

In the broader market context, the Sensex has shown a positive return of 0.80% over the past week, contrasting sharply with Shoora Designs' decline of 4.31% during the same period. This disparity highlights the stock's underperformance relative to the market. While the stock has seen erratic trading, not trading on two days out of the last twenty, it remains liquid enough for trading purposes. Overall, the combination of negative price movement, poor returns compared to the benchmark, and recent trading patterns contribute to the stock's downward trajectory.
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