Why is Srigee DLM falling/rising?

Sep 16 2025 11:50 PM IST
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As of 16-Sep, Srigee DLM Ltd's stock price is Rs 155.50, down 7.33%, significantly underperforming its sector and the broader market. The stock is trading below all moving averages, with a notable drop in investor participation and is close to its 52-week low.
As of 16-Sep, Srigee DLM Ltd's stock price is currently at Rs 155.50, reflecting a decline of Rs 12.3 or 7.33%. The stock has underperformed significantly today, with a performance that is 7.89% lower than its sector. It opened with a loss of 2.26% and reached an intraday low of Rs 154.5, indicating a bearish trend after three consecutive days of gains. Additionally, the stock is trading below all its moving averages, and there has been a notable decrease in investor participation, with delivery volume dropping by 60.57% compared to the five-day average. The stock is also close to its 52-week low, just 3.47% away from Rs 150.1. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

In the broader market context, Srigee DLM's performance over the past week shows a decline of 6.44%, while the benchmark Sensex has increased by 1.58%. Over the past month, the stock has experienced a significant drop of 40.52%, contrasting sharply with the Sensex's rise of 2.21%. This stark difference highlights the stock's underperformance relative to the broader market, suggesting that specific challenges faced by Srigee DLM are contributing to its declining price amidst a generally positive market environment.
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