Why is Surani Steel Tub falling/rising?

Jul 24 2025 10:55 PM IST
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As of 24-Jul, Surani Steel Tubes Ltd's stock price is declining at 110.00, down 0.77%, and has significantly underperformed its sector and the broader market. The stock has dropped 66.32% over the past year and 42.24% year-to-date, with a notable decrease in investor participation.
As of 24-Jul, Surani Steel Tubes Ltd is experiencing a decline in its stock price, currently at 110.00, which reflects a decrease of 0.85 or 0.77%. The stock has underperformed its sector by 1.1% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 91.02% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 66.32%, while its year-to-date performance shows a decrease of 42.24%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the Sensex has shown a slight increase of 0.07% over the past month, contrasting with Surani Steel Tubes Ltd's decline of 2.65% during the same period. The stock's performance over the past week has been particularly poor, with a drop of 11.58%, while the Sensex has only decreased by 0.20%. This stark contrast highlights the stock's struggles relative to the overall market, indicating that investor sentiment towards Surani Steel Tubes Ltd is weak compared to the benchmark index.
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