Why is Standard Battery falling/rising?

Sep 05 2025 09:41 PM IST
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As of 05-Sep, Standard Batteries Ltd's stock price is at 60.39, down 2.91% and underperforming compared to its sector and the broader market. Despite a recent increase in delivery volume, the stock has a year-to-date decline of 19.16%, indicating ongoing bearish sentiment.
As of 05-Sep, Standard Batteries Ltd's stock price is currently at 60.39, reflecting a decline of 1.81, or 2.91%. The stock has been underperforming, having lost 3.91% over the last two days and underperformed its sector by 3.44% today. Additionally, the stock's performance over the past week shows a gain of 7.84%, but it has a year-to-date decline of 19.16%. The stock is trading lower than its 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a significant increase in delivery volume, which rose by 155.72% against the 5-day average, the overall negative sentiment is reflected in the stock's recent price movement.

Broader market context indicates that while the Sensex has gained 1.13% over the past week, Standard Batteries Ltd's performance has been notably weaker, suggesting a divergence from the broader market trend. The stock's year-to-date performance is significantly worse than the Sensex, which has increased by 3.29% during the same period. This contrast highlights the challenges faced by Standard Batteries Ltd in attracting investor confidence compared to the overall market, contributing to its recent price decline.
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