Why is Spencer's Retail falling/rising?

Aug 07 2025 11:20 PM IST
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As of 07-Aug, Spencer's Retail Ltd is facing a decline in stock price, currently at Rs. 55.50, marking a new 52-week low and a total decline of 3.8% over the past three days. The stock has significantly underperformed the Sensex, with a year-to-date drop of 31.52%, indicating negative investor sentiment.
As of 07-Aug, Spencer's Retail Ltd is experiencing a decline in its stock price, currently at Rs. 55.50, which reflects a decrease of Rs. 0.12 or 0.22%. The stock has hit a new 52-week low today and has been underperforming the sector by 0.63%. Over the past three days, the stock has consecutively fallen, resulting in a total decline of 3.8%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased significantly, falling by 19.63% compared to the 5-day average, indicating a drop in investor participation. 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, Spencer's Retail has underperformed compared to the Sensex, with a 1-week return of -5.10% against the benchmark's -0.69%. Over the past month, the stock has declined by 9.96%, while the Sensex has only decreased by 3.38%. Year-to-date, Spencer's Retail has seen a substantial drop of 31.52%, contrasting sharply with the Sensex's gain of 3.18%. This significant underperformance relative to the benchmark suggests that investor sentiment towards Spencer's Retail is notably negative, contributing to the ongoing decline in its stock price.
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