Why is Surani Steel Tub falling/rising?

Sep 23 2025 11:32 PM IST
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As of 23-Sep, Surani Steel Tubes Ltd's stock price is declining at 92.25, down 1.6% and underperforming its sector. The stock has seen a significant drop in investor participation and has decreased by 51.56% year-to-date, indicating a troubling trend compared to the broader market.
As of 23-Sep, Surani Steel Tubes Ltd is experiencing a decline in its stock price, currently at 92.25, reflecting a decrease of 1.6 or 1.7%. The stock has underperformed its sector today by 2.99%, and while it is higher than the 20-day moving average, it remains lower than the 5-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 60.67% compared to the 5-day average. Over the past week, the stock has decreased by 6.72%, and year-to-date, it has plummeted by 51.56%, indicating a troubling trend for investors.

In the broader market context, the Sensex has only decreased by 0.28% over the past week, suggesting that the decline in Surani Steel Tubes Ltd's stock price is more pronounced than the overall market movement. While the stock has shown a positive return of 2.73% over the past month, its year-on-year performance is significantly negative at -68.83%, contrasting sharply with the Sensex's decline of just 2.97% in the same period. This disparity highlights the stock's struggles relative to the market, contributing to investor concerns and the recent price drop.
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