Why is Suraksha Diagno. falling/rising?

Sep 04 2025 12:10 AM IST
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As of 03-Sep, Suraksha Diagnostic Ltd is priced at 303.35, with a recent positive trend but underperformance relative to its sector and the broader market. Despite a year-to-date decline of 19.24%, the company shows strong long-term growth potential and increasing investor interest.
As of 03-Sep, Suraksha Diagnostic Ltd is currently priced at 303.35, reflecting an increase of 1.35 or 0.45%. The stock has shown a positive trend recently, gaining for the last two days and achieving a 1% return during this period. It opened with a gain of 2.32% today and reached an intraday high of Rs 310, indicating strong initial investor interest. However, it has underperformed its sector by 1.33% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 19.24%, the company benefits from a low debt-to-equity ratio and healthy long-term growth in operating profit, which has increased at an annual rate of 89.29%. Additionally, high institutional holdings at 36.32% suggest confidence from more knowledgeable investors.

In the broader market context, Suraksha Diagnostic Ltd's short-term performance over the past week shows a decline of 1.22%, while the benchmark Sensex has decreased by only 0.27%. This indicates that the stock is underperforming relative to the market. However, over the past month, the stock has gained 0.63%, contrasting with the Sensex's slight decline of 0.04%. The rising delivery volume, which increased by 53.86% against the 5-day average, suggests growing investor participation, potentially supporting the stock's recent price movement despite its overall underperformance in the year-to-date and short-term comparisons.
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