Why is SP Refractories falling/rising?

Aug 06 2025 11:52 PM IST
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As of 06-Aug, SP Refractories Ltd is priced at 147.00 with no change, reflecting a 0.00% movement. Despite a recent 1-month return of +3.52%, the stock has a year-to-date decline of 15.93% and a significant drop of 44.13% over the past year, indicating long-term challenges despite outperforming its sector today.
As of 06-Aug, SP Refractories Ltd is currently priced at 147.00, with no change in price, reflecting a 0.00% movement. The stock has shown mixed performance in recent periods, with a 1-week return of 0.00% and a 1-month return of +3.52%, indicating some recovery compared to the benchmark Sensex, which has declined by 1.13% over the same week. However, the stock has a year-to-date decline of 15.93% and a significant drop of 44.13% over the past year, suggesting long-term challenges. Today's performance indicates that the stock has outperformed its sector by 1.47%, but it is experiencing falling investor participation, with delivery volume down by 58.33% compared to the 5-day average. The stock is currently liquid enough for trading, based on 2% of the 5-day average traded value.

In the broader market context, SP Refractories' short-term performance has been relatively stable compared to the Sensex, which has declined over the past week. While the stock has managed to outperform the sector today, the overall year-to-date and yearly performance remains concerning, especially given the stark contrast with the Sensex's positive return of 3.93% year-to-date. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, as there are no specific catalysts identified that could explain the current price stability amidst the broader declines.
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