Why is Surani Steel Tub falling/rising?

Sep 22 2025 11:22 PM IST
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As of 22-Sep, Surani Steel Tubes Ltd's stock price is at 93.85, unchanged, with a significant decline in investor participation and poor year-to-date performance of -50.72%. Despite recent short-term gains, the stock lags behind the Sensex, which has a positive return of 6.59%.
As of 22-Sep, Surani Steel Tubes Ltd's stock price is currently at 93.85, showing no change (0.00%). The stock has outperformed its sector by 0.37% today, although it is trading higher than the 20-day moving average but lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant decline in investor participation, with delivery volume falling by 60.67% against the 5-day average. Over the past week, the stock has increased by 0.91%, and in the last month, it has risen by 4.51%. However, it has experienced substantial declines year-to-date and over the past year, with losses of 50.72% and 68.82%, respectively.

In the broader market context, the Sensex has increased by 0.53% over the past week and 1.34% over the past month, indicating that while Surani Steel Tubes Ltd has shown some short-term gains, it is still lagging significantly behind the benchmark in the longer term. The stock's year-to-date performance is notably poor compared to the Sensex's positive return of 6.59%. This contrast suggests that despite recent positive movements, the overall sentiment towards Surani Steel Tubes Ltd remains cautious, influenced by its historical performance and declining investor interest.
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