Why is SP Refractories falling/rising?

Sep 23 2025 11:40 PM IST
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As of 23-Sep, SP Refractories Ltd is currently priced at 113.55, reflecting a 4.85% increase, and has outperformed its sector today. However, it has faced significant long-term declines, with a 1-month drop of 22.76% and a year-to-date decrease of 35.06%.
As of 23-Sep, SP Refractories Ltd is experiencing a price increase, currently at 113.55, which reflects a rise of 5.25 or 4.85%. The stock has outperformed its sector today by 4.41%, indicating positive momentum. Additionally, the delivery volume has seen a significant increase of 114.29% compared to the 5-day average, suggesting rising investor participation. However, despite today's gains, the stock has faced challenges over the longer term, with a 1-month decline of 22.76% and a year-to-date drop of 35.06%. 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, the stock's short-term performance of +4.85% over the past week contrasts with the Sensex, which has decreased by 0.28% during the same period. This indicates that SP Refractories is currently bucking the trend of the broader market. However, over the longer term, the stock has underperformed compared to the Sensex, which has gained 6.45% year-to-date. This disparity highlights the challenges SP Refractories faces in maintaining investor confidence despite today's positive price action.
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