Why is Sungarner Energ. falling/rising?

Sep 23 2025 11:50 PM IST
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As of 23-Sep, Sungarner Energies Ltd is priced at 250.00, with a year-to-date decline of 54.25% and a one-year drop of 65.03%. The stock is underperforming the market and struggling to attract investor interest, as indicated by declining delivery volumes and trading below key moving averages.
As of 23-Sep, Sungarner Energies Ltd is currently priced at 250.00, showing no change (0.00%). The stock has underperformed significantly over various periods, with a year-to-date decline of 54.25% and a one-year drop of 65.03%. Today's performance indicates that the stock has outperformed its sector by 0.75%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 14.89% compared to the 5-day average. There is no information available on positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the stock's short-term performance over the past week shows a decline of 7.41%, while the benchmark Sensex has only decreased by 0.28%. This indicates that Sungarner Energies Ltd is not only underperforming relative to the market but also struggling to attract investor interest, as evidenced by the declining delivery volumes. The stark contrast between the stock's performance and the benchmark's slight decline suggests that investor sentiment towards Sungarner is particularly negative, contributing to its ongoing struggles.
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