Why is Singer India falling/rising?

Sep 24 2025 09:42 PM IST
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As of 24-Sep, Singer India Ltd's stock price is Rs 83.77, down 2.62% and has underperformed significantly over the past week and month, with a concerning long-term outlook due to declining profits and lack of investor confidence. The stock's performance is notably worse than the broader market, indicating ongoing challenges for the company.
As of 24-Sep, Singer India Ltd's stock price is currently at Rs 83.77, reflecting a decline of Rs 2.25 or 2.62%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in an overall drop of 8.53% during this period. Today's performance indicates that the stock underperformed its sector by 2.49%. Additionally, the stock's recent returns show a 7.38% decline over the past week, while it has gained 14.66% over the past month. However, the long-term outlook appears concerning, as the company's operating profit has decreased significantly over the last five years, and its recent quarterly profits have also shown drastic declines. The lack of domestic mutual fund investment may indicate a lack of confidence in the company's prospects.

In the broader market context, the Sensex has only declined by 1.18% over the past week, suggesting that Singer India's performance is significantly worse than the overall market. While the stock has shown positive returns of 3.43% year-to-date, its one-year performance is down 7.44%, contrasting with the Sensex's decline of 3.77%. This underperformance relative to the benchmark, combined with falling investor participation and negative operating profits, paints a bleak picture for Singer India Ltd, contributing to its current price decline.
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