Why is Suryaamba Spinni falling/rising?

Oct 10 2025 09:17 PM IST
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As of 10-Oct, Suryaamba Spinning Mills Ltd's stock price is declining at Rs. 130.00, down 2.37%, and has reached a 52-week low. The stock has underperformed significantly compared to the market, with a year-to-date loss of 17.70% and a drastic drop in delivery volume, indicating weak investor interest.
As of 10-Oct, Suryaamba Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs. 130.00, which reflects a decrease of Rs. 3.15 or 2.37%. The stock has hit a new 52-week low of Rs. 126.5 today and has been on a downward trend, losing 8.77% over the past week and 6.58% over the past month. The stock opened with a significant gap down of 4.99% and has underperformed its sector by 3.4%. Additionally, it has been trading below its moving averages across various time frames, indicating a bearish trend. The delivery volume has also seen a drastic decline of 90.44% compared to the 5-day average, suggesting falling investor participation.

In the broader market context, the Sensex has shown a positive return of 1.59% over the past week, contrasting sharply with Suryaamba's negative performance. This divergence highlights the stock's struggles relative to the overall market. While the stock has performed well over a 5-year period with a return of 171.12%, its year-to-date performance is notably poor at -17.70%, further emphasizing the current challenges faced by the company in attracting investor confidence amidst a rising market.
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