Why is Sudarshan Pharma falling/rising?

Jun 24 2025 10:53 PM IST
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As of 24-Jun, Sudarshan Pharma Industries Ltd's stock price is declining at 28.00, down 0.88%, and has fallen 5.08% over the last two days. The stock is underperforming compared to the Sensex, with significant declines year-to-date and poor performance across various time frames, despite increased investor participation.
As of 24-Jun, Sudarshan Pharma Industries Ltd is experiencing a decline in its stock price, currently at 28.00, which reflects a decrease of 0.25 or 0.88%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.08% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -2.85% and -13.85%, respectively. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 335.48% against the 5-day average, suggesting some interest despite the price drop.

In the broader market context, Sudarshan Pharma's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.58% over the past week and 0.41% over the past month. This indicates that while the market is experiencing a slight upward trend, Sudarshan Pharma is lagging significantly behind. Year-to-date, the stock has declined by 37.08%, while the Sensex has increased by 5.01%, further highlighting the stock's struggles in comparison to the overall market performance. The absence of any positive factors in the provided data suggests that the stock's recent movement is primarily influenced by its own underperformance rather than broader market trends.
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