Why is SP Refractories falling/rising?

Jul 11 2025 10:45 PM IST
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As of 11-Jul, SP Refractories Ltd is priced at 146.90, showing no change today but outperforming its sector by 1.61%. Despite a year-to-date decline of 15.99% and a 40.48% drop over the past year, the stock has gained 3.45% in the past week and 15.35% in the past month, indicating potential recovery.
As of 11-Jul, SP Refractories Ltd is currently priced at 146.90, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 1.61%. Over the past week, the stock has increased by 3.45%, while over the past month, it has risen by 15.35%. However, it has experienced a significant decline year-to-date, down 15.99%, and a substantial drop of 40.48% over the past year. The stock is trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the Sensex has decreased by 1.22% over the past week, while SP Refractories has outperformed this benchmark. This indicates that the stock is gaining traction relative to the overall market, particularly in the short term. Despite its year-to-date and one-year declines, the stock's strong performance over the past month and week suggests a potential recovery phase, especially as it has outperformed the sector today. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, indicating that it can accommodate trade sizes without significant issues.
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