Why is Sterlite Tech. falling/rising?

Nov 06 2025 09:59 PM IST
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As of 06-Nov, Sterlite Technologies Ltd's stock price is Rs 112.60, down 6.4%, with significant declines over the past week and month, indicating a bearish trend. Despite strong year-to-date returns, its recent performance is notably worse than the broader market, reflecting unfavorable market sentiment.
As of 06-Nov, Sterlite Technologies Ltd is experiencing a decline in its stock price, currently at Rs 112.60, which represents a decrease of Rs 7.7 or 6.4%. The stock has been underperforming, having lost 7.36% over the last two days and underperformed its sector by 3.66% today. Additionally, the stock's performance over the past week shows a decline of 7.17%, while it has also seen a drop of 6.56% over the past month. The stock's trading activity indicates a significant decrease in investor participation, with delivery volume falling by 61.75% compared to the 5-day average. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, suggesting a bearish trend in the near term.

In the broader market context, the Sensex has only declined by 1.30% over the past week, indicating that Sterlite Technologies Ltd's recent performance is significantly worse than the overall market. While the stock has shown strong year-to-date returns of 31.49% compared to the Sensex's 6.62%, its longer-term performance over three years shows a decline of 8.44%, contrasting sharply with the Sensex's gain of 36.69%. This disparity highlights the stock's recent struggles despite its earlier strong performance, suggesting that current market sentiment is unfavorable towards Sterlite Technologies Ltd.
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