Why is Sunshield Chem. falling/rising?

Sep 18 2025 09:29 PM IST
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As of 18-Sep, Sunshield Chemicals Ltd's stock price is Rs 970.05, down 2.0% after three consecutive days of decline totaling 7.51%. Despite a year-to-date return of 9.73%, the stock has underperformed the Sensex recently, with decreased profits contributing to cautious investor sentiment.
As of 18-Sep, Sunshield Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 970.05, which represents a decrease of Rs 19.8 or 2.0%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 7.51%. Despite opening with a gain of 2.54% today and reaching an intraday high of Rs 1019.95, it ultimately touched a low of Rs 970. The stock has shown mixed performance over various periods, with a year-to-date return of 9.73% and a 3-year return of 80.90%, but it has underperformed the benchmark Sensex in the last week and month, which saw increases of 1.80% and 2.14%, respectively. Additionally, while the stock is trading at a discount compared to its peers, its profits have decreased by 8.6% over the past year, contributing to the current price movement.

In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex significantly in the short term. The overall market has shown positive momentum, while Sunshield Chemicals has struggled, reflected in its negative returns over the past week and month. Although there has been a rise in investor participation, indicated by a 36.66% increase in delivery volume, the stock's current trend suggests that investor sentiment may be cautious due to the recent profit decline and the stock's inability to maintain its earlier gains.
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