Why is Surana Telecom falling/rising?

Nov 06 2025 09:16 PM IST
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As of 06-Nov, Surana Telecom and Power Ltd's stock price is declining at 20.85, down 2.43%, with a total drop of 3.07% over the last three days. The stock has underperformed against benchmarks, with significant decreases in delivery volume and a year-to-date decline of 10.90%, reflecting broader sector challenges.
As of 06-Nov, Surana Telecom and Power Ltd is experiencing a decline in its stock price, currently at 20.85, which reflects a decrease of 0.52 or 2.43%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 3.07% during this period. In terms of performance relative to benchmarks, the stock has underperformed over the past week and month, with returns of -1.60% and -3.83%, respectively, while the Sensex has shown a slight decline of -1.30% over the same week and a gain of 1.86% over the month. Additionally, the stock's delivery volume has significantly decreased, falling by 45.73% against the 5-day average, indicating reduced investor participation.

Broader Market Context: The broader market context shows that while the Sensex has been performing positively with a year-to-date return of 6.62%, Surana Telecom has struggled, with a year-to-date decline of 10.90%. This stark contrast highlights the stock's underperformance in relation to the market. Furthermore, the cable sector, in which Surana operates, has also seen a decline of 2.76%, suggesting sector-wide challenges that may be impacting investor sentiment. Overall, the combination of falling investor participation and sector performance contributes to the stock's recent downward movement.
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