Why is Srigee DLM falling/rising?

Jul 29 2025 11:24 PM IST
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As of 29-Jul, Srigee DLM Ltd's stock price is at 261.45, down 1.99%, and has underperformed its sector. The stock has declined 3.93% over the past week and 7.61% over the past month, indicating a bearish trend amidst broader market declines.
As of 29-Jul, Srigee DLM Ltd's stock price is currently at 261.45, reflecting a decrease of 5.3, or 1.99%. The stock has underperformed its sector by 2.44% today, and it has not shown any price movement since opening at 261.45. Over the past week, the stock has declined by 3.93%, and it has experienced a significant drop of 7.61% over the past month. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, rising by 323.08% against the 5-day average, there is no available information on positive or negative factors that could influence the stock's recent movement.

Broader market context shows that the Sensex has declined by 1.03% over the past week and 3.24% over the past month, indicating that the broader market is also experiencing downward pressure. Compared to the benchmark, Srigee DLM's short-term performance has been worse, as it has fallen more sharply than the Sensex in the same time frames. This suggests that the stock's decline is not only a result of company-specific issues but also reflects a challenging market environment.
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