Why is Sonam falling/rising?

Oct 09 2025 11:42 PM IST
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As of 09-Oct, Sonam Ltd's stock price is 41.47, down 4.03%, and has significantly underperformed its sector and the benchmark index, Sensex. The stock has declined 37.69% year-to-date and 44.34% over the past year, despite an increase in investor participation.
As of 09-Oct, Sonam Ltd's stock price is currently at 41.47, reflecting a decline of 1.74, or 4.03%. The stock has underperformed its sector by 3.08% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 7.62%, and in the last month, it has fallen by 15.61%. Year-to-date, the stock has seen a significant drop of 37.69%, and over the past year, it has decreased by 44.34%. Despite this negative performance, there has been a rise in investor participation, with delivery volume increasing by 16.87% compared to the 5-day average. 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, Sonam Ltd's performance contrasts sharply with the benchmark index, Sensex, which has shown a positive return of 1.39% over the past week and 1.26% over the past month. While the stock has been declining significantly, the Sensex has gained 6.50% year-to-date and 0.80% over the past year. This stark difference indicates that Sonam Ltd is struggling to keep pace with the overall market trends, contributing to its downward price movement.
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