Why is Suryalak. Cott. falling/rising?

Sep 23 2025 09:57 PM IST
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As of 23-Sep, Suryalakshmi Cotton Mills Ltd is facing a decline in stock price, currently at 64.32, down 1.65%. The stock has underperformed significantly compared to the Sensex, with a year-to-date drop of 24.38% against the Sensex's rise of 5.07%.
As of 23-Sep, Suryalakshmi Cotton Mills Ltd is experiencing a decline in its stock price, currently at 64.32, which reflects a decrease of 1.08 or 1.65%. The stock has been underperforming, having lost 5.15% over the last four days and opened today with a loss of 2%. It also reached an intraday low of Rs 63.9. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 12.8% compared to the 5-day average, which suggests reduced interest in the stock.

In the broader market context, Suryalakshmi Cotton Mills Ltd has underperformed compared to the benchmark Sensex, which has shown a slight decline of 0.34% over the past week while the stock itself has dropped by 4%. Over the past month, the stock has decreased by 3.28%, contrasting with the Sensex's increase of 0.98%. Year-to-date, the stock is down 24.38%, while the Sensex has risen by 5.07%. This significant underperformance relative to the benchmark indicates a challenging environment for the stock, contributing to its recent price decline.
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