Why is Sona Machinery falling/rising?
As of 15-Sep, Sona Machinery Ltd's stock price is at 73.65, down 1.34% and significantly underperforming its sector and the broader market. The stock has declined 39.66% year-to-date, indicating low investor confidence despite increased delivery volume.
As of 15-Sep, Sona Machinery Ltd's stock price is currently at 73.65, reflecting a decrease of 1.0, or 1.34%. The stock has underperformed its sector today by 1.38%, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.34%, and it has experienced a significant drop of 39.66% year-to-date and 62.07% over the past year. Although there has been a rise in investor participation, with a 36.36% increase in delivery volume compared to the 5-day average, the overall sentiment appears negative, as there are no positive or negative factors provided to explain the stock's recent movement.Broader market context indicates that Sona Machinery's performance has lagged behind the benchmark, with the Sensex gaining 1.20% over the past week and 6.02% year-to-date. This stark contrast highlights the stock's struggles in a generally positive market environment. The significant underperformance relative to the benchmark and the broader market trends suggest that investor confidence in Sona Machinery is low, contributing to the stock's decline.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
