Why is SP Refractories falling/rising?

Sep 05 2025 10:50 PM IST
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As of 05-Sep, SP Refractories Ltd is priced at 126.20 with no change, showing significant underperformance with declines of 4.93% weekly, 14.15% monthly, and 27.82% year-to-date. The stock is trading below all major moving averages and has seen a 73.68% drop in delivery volume, indicating weak investor sentiment compared to the benchmark Sensex, which has gained 1.29% weekly and 0.36% monthly.
As of 05-Sep, SP Refractories Ltd is currently priced at 126.20, with no change in price (0.00%). The stock has underperformed significantly over various periods, showing a decline of 4.93% over the past week, 14.15% over the past month, and 27.82% year-to-date. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 73.68% compared to the 5-day average, which suggests reduced interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, SP Refractories' recent performance contrasts sharply with the benchmark Sensex, which has gained 1.29% over the past week and 0.36% over the past month. This divergence highlights the stock's struggles relative to the overall market, as it has not only underperformed in the short term but also over the longer term, with a year-to-date decline compared to the Sensex's positive return of 4.64%. The significant underperformance against the benchmark indicates that investor sentiment towards SP Refractories is weak, contributing to its declining stock price.
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