Why is Sumeru Industrie falling/rising?

Aug 11 2025 09:34 PM IST
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As of 11-Aug, Sumeru Industries Ltd's stock price is at 2.16, with a recent increase of 0.47%. Despite a year-over-year outperformance, the stock has struggled recently, showing declines over the past month and underperforming the benchmark in the short term.
As of 11-Aug, Sumeru Industries Ltd's stock price is currently at 2.16, reflecting an increase of 0.01 or 0.47%. The stock has been gaining for the last two days, with a total return of 1.89% during this period. However, it has experienced a decline of 4.00% over the past month and a year-to-date decrease of 2.70%. The stock's performance today is in line with the sector, but it is trading higher than its 5-day moving averages while being lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 72.03% against the 5-day average, indicating reduced trading activity. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

In the broader market context, Sumeru Industries' short-term performance has been relatively weak compared to the benchmark, as the Sensex has declined by 0.51% over the past week while the stock remained flat at 0.00%. Year-to-date, the stock has underperformed the Sensex, which has gained 3.15%. Over the last year, however, Sumeru Industries has outperformed the benchmark with an increase of 11.92% compared to the Sensex's 1.13%. This suggests that while the stock has shown some resilience over a longer timeframe, its recent movements indicate challenges in maintaining momentum in the current market environment.
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