Why is Srigee DLM falling/rising?

Aug 20 2025 11:57 PM IST
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As of 20-Aug, Srigee DLM Ltd's stock price is Rs 219.45, down 5.0%, and has significantly underperformed with a 16.06% drop in the past week and 22.55% in the past month. The stock is near its 52-week low and trading below key moving averages, indicating a bearish trend amidst a stronger broader market.
As of 20-Aug, Srigee DLM Ltd's stock price is currently at Rs 219.45, reflecting a decline of Rs 11.55, or 5.0%. The stock has been underperforming significantly, with a 16.06% drop over the past week and a 22.55% decrease over the past month. It is also close to its 52-week low, just 1.53% away from Rs 216.1. The stock has been on a downward trend for the last three days, and it opened with a gap down of 5% today. Additionally, it is trading below all key moving averages, indicating a bearish sentiment. Although there has been a rise in delivery volume by 74.03% against the 5-day average, the overall performance remains weak, and there are no positive factors available to counterbalance the negative trends.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.64% over the past week and 0.12% over the past month, Srigee DLM's performance is notably poor. The Sensex has also shown a year-to-date increase of 4.76%, while Srigee DLM's year-to-date returns are not available. This stark contrast highlights the stock's struggle in the current market environment, where it is not only underperforming against the broader market but also facing liquidity challenges, as evidenced by its erratic trading pattern over the past 20 days.
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