Why is Sundaram Finance falling/rising?
As of 09-Jul, Sundaram Finance Ltd's stock price is Rs 5,023.80, down 2.8% after a trend reversal following four days of gains. Despite strong long-term fundamentals and a year-to-date return of 20.91%, recent performance has been hindered by decreased investor participation and liquidity issues.
As of 09-Jul, Sundaram Finance Ltd's stock price is currently at Rs 5,023.80, reflecting a decrease of Rs 144.7 or 2.8%. The stock has underperformed its sector by 3.18% today and has experienced a trend reversal, falling after four consecutive days of gains. It opened with a significant loss of 5.19% and reached an intraday low of Rs 4,900.05. Despite its strong long-term fundamentals, including a high Return on Equity (ROE) of 13.90% and positive quarterly results, the stock's recent performance has been impacted by a notable decline in investor participation, with delivery volume dropping by 61.46% compared to the five-day average. Over the past year, the stock has generated a return of 10.52%, outperforming the BSE500, but its recent short-term performance has been less favorable.In the broader market context, the Sensex has shown a slight gain of 0.15% over the past week, contrasting with Sundaram Finance's decline of 1.02% during the same period. While the stock has performed well year-to-date with a return of 20.91%, its recent underperformance highlights a divergence from the overall market trend. The high institutional holdings at 26.54% suggest that more informed investors are backing the stock, but the current liquidity and trading volume issues may be contributing to the downward pressure on its price.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
