Why is Super Tannery falling/rising?

Jul 15 2025 10:14 PM IST
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As of 15-Jul, Super Tannery Ltd's stock price is at 9.17, up 0.55%, with increased delivery volume indicating rising investor interest. Despite outperforming its sector today, the stock has a year-to-date decline of 22.29%, lagging behind the Sensex's positive performance.
As of 15-Jul, Super Tannery Ltd's stock price is currently at 9.17, reflecting an increase of 0.05 or 0.55%. The stock has shown a performance today that outperformed its sector by 0.28%. Additionally, the stock's delivery volume has risen significantly, with a 42.32% increase against the 5-day average, indicating rising investor participation. However, while the stock is currently above its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has experienced a decline of 22.29% year-to-date and an 8.02% drop over the past year, contrasting with the Sensex's positive performance of 5.67% and 2.36% respectively. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Super Tannery's short-term performance over the past week shows a decline of 0.76%, which is better than the Sensex's decline of 1.36% during the same period. This indicates that while the stock is facing challenges, it is performing relatively better than the overall market in the short term. The stock's year-to-date performance, however, significantly lags behind the benchmark, suggesting that while there may be some positive momentum currently, the overall trend remains negative compared to the broader market.
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