Why is Spinaroo Comm. falling/rising?

Jun 18 2025 11:15 PM IST
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As of 18-Jun, Spinaroo Commercial Ltd's stock price is Rs 62.00, down 7.19%, underperforming its sector. Despite a recent weekly gain of 3.33%, it has declined 12.68% over the past month, with trading activity showing volatility and limited positive or negative factors influencing its performance.
As of 18-Jun, Spinaroo Commercial Ltd is experiencing a decline in its stock price, currently at Rs 62.00, which represents a decrease of Rs 4.8 or 7.19%. The stock has underperformed its sector by 7.74% today and opened with a significant loss of 5.31%. It reached an intraday low of Rs 62, indicating a challenging trading day. Over the past week, the stock has shown a positive return of 3.33%, but it has declined by 12.68% over the past month. The stock's performance has been erratic, with no trading on one day out of the last 20. Although there has been a rise in investor participation, with a 37.5% increase in delivery volume on June 17 compared to the 5-day average, the stock remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex has shown a slight decline of 1.30% over the past week and 1.08% over the past month, indicating that the market is facing some headwinds. Despite the stock's recent positive weekly return, its overall monthly performance contrasts sharply with the benchmark. The liquidity of Spinaroo Commercial Ltd appears adequate, as it is based on 2% of the 5-day average traded value, allowing for reasonable trade sizes. However, the lack of available positive or negative factors in the dashboard limits a comprehensive understanding of the underlying reasons for the stock's current movement.
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