Why is SKS Textiles falling/rising?

Jun 06 2025 02:27 PM IST
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As of 05-Jun, SKS Textiles Ltd is priced at 13.80 with no change, outperforming its sector by 6.37%. The stock has shown stability in the short term but has underperformed against the Sensex over longer periods.
As of 05-Jun, SKS Textiles Ltd is currently priced at 13.80, with no change in price, reflecting a 0.00% movement. The stock has shown a performance today that outperformed its sector by 6.37%. It is currently higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 114.29% against the 5-day average. Over the longer term, the stock has not seen any change in its returns over the past week, month, or year, while it has significantly underperformed the benchmark Sensex over the 3-year and 5-year periods.

In the broader market context, the stock's short-term performance has been relatively stable, with a 0.00% return over the past week, while the Sensex has decreased by 0.33%. This indicates that while SKS Textiles has not gained in price, it has managed to hold steady compared to the broader market's slight decline. The stock's liquidity is adequate for trading, as it represents 2% of the 5-day average traded value. However, without specific positive or negative factors available, it is difficult to assess any additional influences on the stock's recent movement.
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