Why is Sungarner Energ. falling/rising?

Sep 12 2025 11:23 PM IST
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As of 12-Sep, Sungarner Energies Ltd is currently priced at 238.35, reflecting a daily increase of 3.63%, but has declined 56.39% year-to-date. The stock is underperforming compared to the broader market and is trading below all key moving averages, indicating a longer-term downward trend.
As of 12-Sep, Sungarner Energies Ltd is experiencing a price increase, currently at 238.35, reflecting a rise of 8.35 or 3.63%. Despite this positive movement today, the stock has shown a significant decline over the past week, down 5.42%, and a steep drop of 56.39% year-to-date. Today's price summary indicates that the stock has outperformed its sector by 3.27%, and there has been a notable increase in investor participation, with delivery volume rising by 38.89% compared to the 5-day average. However, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a longer-term downward trend. There is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, the stock's performance over the past week has been unfavorable compared to the Sensex, which has gained 1.51%. This underperformance is consistent with the stock's year-to-date decline of 56.39% against the benchmark's increase of 6.21%. The stark contrast between the stock's negative returns and the benchmark's positive performance highlights the challenges faced by Sungarner Energies Ltd in the current market environment.
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