Why is Suraj Estate falling/rising?

Aug 05 2025 11:37 PM IST
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As of 05-Aug, Suraj Estate Developers Ltd is priced at 290.00, showing a slight increase but has significantly underperformed with a 52.11% decline year-to-date. The stock's bearish trend and decreased investor participation indicate that its recent uptick may not be sustainable.
As of 05-Aug, Suraj Estate Developers Ltd is currently priced at 290.00, reflecting a slight increase of 0.35 (0.12%). The stock has been gaining for the last two days, with a total return of 0.64% during this period. However, it is important to note that the stock has underperformed significantly over longer periods, with a decline of 15.75% over the past month and a staggering 52.11% year-to-date. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. There has also been a notable decrease in investor participation, with delivery volume falling by 43.81% compared to the five-day average, which may suggest a lack of confidence among investors.

In the broader market context, Suraj Estate's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 0.77% over the past week and a modest increase of 3.29% year-to-date. This indicates that while Suraj Estate has experienced a minor uptick today, it remains significantly weaker than the overall market trend. The stock's performance is further compounded by its substantial losses over the past year, where it has dropped 57.67%, compared to the Sensex's gain of 2.48%. Overall, the combination of declining investor interest and poor long-term performance relative to the benchmark suggests that the stock's recent rise may not be sustainable.
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