Why is Srigee DLM falling/rising?

Aug 05 2025 11:54 PM IST
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As of 05-Aug, Srigee DLM Ltd's stock price is declining at 251.15, down 1.99%, and has underperformed its sector and the broader market significantly. The stock shows a bearish trend with low trading volume and has not traded on three days in the last twenty, indicating ongoing challenges.
As of 05-Aug, Srigee DLM Ltd is experiencing a decline in its stock price, currently at 251.15, reflecting a decrease of 5.1 points or 1.99%. The stock has underperformed its sector by 1.54% today and has been on a downward trend, losing 3.94% over the past week and 12.60% over the past month. It has not traded on three days out of the last twenty, indicating erratic trading patterns. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. There has also been a significant drop in investor participation, with delivery volume falling by 76.19% compared to the 5-day average, which further contributes to the stock's decline.

In the broader market context, the Sensex has only decreased by 0.77% over the past week and 3.26% over the past month, indicating that Srigee DLM's performance is significantly worse than the benchmark. This underperformance highlights the stock's struggles relative to the overall market. While the year-to-date and one-year performance of the Sensex shows positive returns of 3.29% and 2.48% respectively, Srigee DLM's lack of available year-to-date and one-year data suggests it has not kept pace with market trends, further emphasizing its recent challenges.
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