Why is Suraj Estate falling/rising?

Aug 08 2025 11:30 PM IST
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As of 08-Aug, Suraj Estate Developers Ltd is priced at 285.00, having increased by 0.35% today but down 16.05% over the past month and 52.94% year-to-date. The stock is underperforming relative to the market and is in a bearish trend, with decreased investor participation contributing to its volatility.
As of 08-Aug, Suraj Estate Developers Ltd is currently priced at 285.00, reflecting an increase of 1.0 (0.35%). The stock opened with a gain of 3.84% today and reached an intraday high of Rs 294.9. However, despite this positive movement, the stock has underperformed significantly over the past month, declining by 16.05%, and has a year-to-date drop of 52.94%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 21.78% compared to the 5-day average, which may contribute to the stock's volatility. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Suraj Estate's performance over the past week shows a decline of 1.06%, which is slightly worse than the Sensex's decline of 0.92%. Over the past month, while the stock has dropped significantly, the benchmark has only fallen by 4.60%. This suggests that the stock is underperforming relative to the broader market, which may be a concern for investors. The construction and real estate sector has also faced challenges, as indicated by a sector decline of 2.11%, further impacting the stock's performance.
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