Why is SKP Bearing falling/rising?

Jul 15 2025 10:57 PM IST
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As of 15-Jul, SKP Bearing Industries Ltd's stock price is declining at 210.70, down 1.01%, and has underperformed its sector and the benchmark Sensex significantly. The stock has seen a year-to-date drop of 15.99% amid reduced investor participation and unfavorable market sentiment.
As of 15-Jul, SKP Bearing Industries Ltd is experiencing a decline in its stock price, currently at 210.70, which reflects a decrease of 2.15 or 1.01%. The stock has underperformed its sector by 1.31% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 7.77% compared to the 5-day average. Over the past week, the stock has decreased by 4.23%, and year-to-date, it has seen a significant decline of 15.99%, while its performance over the last month shows a drop of 7.38%. 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 stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.28% over the past week, while SKP Bearing has fallen by 4.23%. This underperformance is further highlighted by the stark contrast in year-to-date returns, where the Sensex has gained 6.56% compared to SKP Bearing's significant loss of 15.99%. The overall market sentiment appears to be more favorable, which may contribute to the stock's struggles in attracting investor interest and maintaining liquidity.
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