Why is Starsource Multi falling/rising?

Nov 19 2025 11:25 PM IST
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As of 19-Nov, Starsource Multitrade Ltd's stock price is Rs 111.00, down 5.93%, underperforming its sector and trading below all moving averages, indicating a bearish trend. Despite a significant decline over the past week, investor participation has increased, suggesting some interest amid the downturn.
As of 19-Nov, Starsource Multitrade Ltd is experiencing a decline in its stock price, currently at Rs 111.00, which reflects a decrease of Rs 7.0 or 5.93%. The stock has underperformed its sector today by 6.79%, and it touched an intraday low of Rs 110.05, indicating significant selling pressure. Over the past week, the stock has seen a return of -11.20%, while its year-to-date performance remains positive at +1.06%. However, it is noteworthy that the stock is trading below all its moving averages, suggesting a bearish trend. Despite this, there has been a rise in investor participation, with delivery volume increasing by 89.1% against the 5-day average, indicating some interest from investors even amidst the decline.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.85% over the past week, Starsource Multitrade Ltd's performance has been significantly weaker. The broader market has shown resilience with positive returns over various periods, while Starsource has struggled, particularly in the short term. This divergence highlights the challenges faced by the company relative to the overall market conditions, contributing to the downward pressure on its stock price.
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