Why is Starsource Multi falling/rising?

Nov 18 2025 11:14 PM IST
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As of 18-Nov, Starsource Multitrade Ltd is currently priced at 118.00, reflecting a 5.26% increase after a trend reversal. Despite recent declines, today's gains and heightened investor participation suggest a potential recovery in sentiment.
As of 18-Nov, Starsource Multitrade Ltd is experiencing a price increase, currently at 118.00, which reflects a rise of 5.9 or 5.26%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. It opened with a significant gain of 10.53% and reached an intraday high of Rs 123.9. Additionally, the stock has outperformed its sector by 5.89%. Despite a recent decline of 4.84% over the past week and month, the stock has a year-to-date return of 7.43% and a remarkable 45.68% increase over the past year. Notably, there has been a substantial rise in investor participation, with delivery volume increasing by 504.02% compared to the five-day average. However, the stock's trading has been erratic, as it did not trade on one day out of the last 20.

In the broader market context, the Sensex has shown a positive return of 0.96% over the past week, while Starsource Multitrade Ltd has declined by 4.84% during the same period, indicating underperformance relative to the benchmark. However, the stock's recent performance today suggests a potential recovery, contrasting with its recent short-term declines. The stock remains liquid enough for trading, based on its average traded value. Overall, while the stock has faced short-term challenges, today's significant gains and increased investor interest may signal a positive shift in sentiment.
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