Why is Super Iron falling/rising?

Sep 22 2025 11:59 PM IST
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As of 22-Sep, Super Iron Foundry Ltd's stock price is Rs 45.27, down 3.95% and has underperformed significantly over the past week and month. The stock is facing reduced investor interest, with a notable drop in delivery volume, while the broader market shows positive trends.
As of 22-Sep, Super Iron Foundry Ltd's stock price is currently at Rs 45.27, reflecting a decline of Rs 1.86 or 3.95%. The stock has been underperforming, having lost 10.89% over the last four days, and it has consistently fallen for four consecutive days. Today's performance indicates that it underperformed its sector by 3.05%, and it reached an intraday low of Rs 45.2, which is a drop of 4.1%. Additionally, the stock's returns over the past week and month are negative at -8.91% and -2.96%, respectively, while the year-to-date performance is not available. There is also a notable decrease in investor participation, with delivery volume dropping by 35.48% compared to the five-day average, indicating reduced interest in trading the stock.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.46% over the past week and 1.05% over the past month, Super Iron Foundry Ltd's performance has been significantly weaker. The broader market appears to be experiencing a positive trend, while Super Iron's stock is struggling, which may reflect specific challenges faced by the company or a lack of investor confidence. The stock's moving averages suggest that it is currently lower than the shorter-term averages (5-day and 20-day) but higher than the longer-term averages (50-day, 100-day, and 200-day), indicating a potential shift in momentum that could be contributing to the recent decline.
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